Redfin Past Earnings Performance
Past criteria checks 0/6
Redfin's earnings have been declining at an average annual rate of -22.8%, while the Real Estate industry saw earnings growing at 6% annually. Revenues have been growing at an average rate of 4.4% per year.
Key information
-22.8%
Earnings growth rate
-18.6%
EPS growth rate
| Real Estate Industry Growth | 27.7% |
| Revenue growth rate | 4.4% |
| Return on equity | n/a |
| Net Margin | -15.0% |
| Last Earnings Update | 30 Sep 2024 |
Recent past performance updates
Recent updates
Redfin: Unique Selling Points Are Diminishing And Market Share Is Eroding
Nov 27Analysts Have Made A Financial Statement On Redfin Corporation's (NASDAQ:RDFN) Third-Quarter Report
Nov 09
Redfin Corporation Is (Still) Troubled
Nov 09Redfin Corporation (NASDAQ:RDFN) Stock's 26% Dive Might Signal An Opportunity But It Requires Some Scrutiny
Oct 18Redfin: Rising On Rate Cuts
Sep 24Redfin Corporation (NASDAQ:RDFN) Surges 26% Yet Its Low P/S Is No Reason For Excitement
Sep 01Redfin: Trapped In Bad Conditions
Aug 07Even With A 35% Surge, Cautious Investors Are Not Rewarding Redfin Corporation's (NASDAQ:RDFN) Performance Completely
Jul 16Redfin: It's Not Game Over Yet, But The Outlook Is Cloudy (Rating Upgrade)
May 13Does Redfin (NASDAQ:RDFN) Have A Healthy Balance Sheet?
Mar 26Redfin: No End In Sight To Market Share Losses
Mar 03US$7.27: That's What Analysts Think Redfin Corporation (NASDAQ:RDFN) Is Worth After Its Latest Results
Feb 29Redfin: In Need Of A Housing Correction
Feb 23Redfin Corporation: Not Out Of The Woods Yet
Jan 15Does Redfin (NASDAQ:RDFN) Have A Healthy Balance Sheet?
Oct 10Redfin Corporation (NASDAQ:RDFN) Shares Could Be 49% Below Their Intrinsic Value Estimate
Aug 09Is Redfin (NASDAQ:RDFN) Weighed On By Its Debt Load?
May 25Calculating The Fair Value Of Redfin Corporation (NASDAQ:RDFN)
Apr 28Is Redfin (NASDAQ:RDFN) Using Debt Sensibly?
Jan 28Are Investors Undervaluing Redfin Corporation (NASDAQ:RDFN) By 49%?
Dec 06Redfin Corporation (NASDAQ:RDFN) Analysts Just Trimmed Their Revenue Forecasts By 22%
Nov 11Hurricane Ian exacerbates housing market slowdown in Southwest Florida
Oct 20Revenue & Expenses Breakdown
How Redfin makes and spends money. Based on latest reported earnings, on an LTM basis.
Earnings and Revenue History
| Date | Revenue | Earnings | G+A Expenses | R&D Expenses |
|---|---|---|---|---|
| 30 Sep 24 | 1,017 | -152 | 346 | 173 |
| 30 Jun 24 | 1,008 | -137 | 340 | 177 |
| 31 Mar 24 | 988 | -137 | 340 | 182 |
| 31 Dec 23 | 977 | -127 | 357 | 183 |
| 30 Sep 23 | 981 | -132 | 369 | 182 |
| 30 Jun 23 | 1,017 | -159 | 381 | 181 |
| 31 Mar 23 | 1,091 | -206 | 409 | 181 |
| 31 Dec 22 | 1,100 | -251 | 396 | 179 |
| 30 Sep 22 | 1,521 | -253 | 401 | 180 |
| 30 Jun 22 | 1,755 | -227 | 413 | 180 |
| 31 Mar 22 | 1,877 | -182 | 405 | 175 |
| 31 Dec 21 | 1,059 | -98 | 338 | 143 |
| 30 Sep 21 | 1,524 | -76 | 300 | 136 |
| 30 Jun 21 | 1,221 | -23 | 230 | 115 |
| 31 Mar 21 | 963 | -1 | 147 | 92 |
| 31 Dec 20 | 886 | -23 | 141 | 84 |
| 30 Sep 20 | 875 | -43 | 143 | 80 |
| 30 Jun 20 | 877 | -69 | 137 | 76 |
| 31 Mar 20 | 861 | -74 | 149 | 74 |
| 31 Dec 19 | 780 | -81 | 154 | 70 |
| 30 Sep 19 | 671 | -85 | 152 | 64 |
| 30 Jun 19 | 572 | -89 | 149 | 60 |
| 31 Mar 19 | 517 | -73 | 134 | 57 |
| 31 Dec 18 | 487 | -42 | 110 | 54 |
| 30 Sep 18 | 459 | -32 | 105 | 51 |
| 30 Jun 18 | 428 | -65 | 98 | 49 |
| 31 Mar 18 | 390 | -175 | 91 | 46 |
| 31 Dec 17 | 370 | -191 | 85 | 43 |
| 30 Sep 17 | 341 | -275 | 81 | 40 |
| 30 Jun 17 | 313 | -245 | 79 | 38 |
| 31 Mar 17 | 285 | -125 | 74 | 36 |
| 31 Dec 16 | 267 | -78 | 69 | 35 |
| 31 Dec 15 | 187 | -132 | 51 | 28 |
| 31 Dec 14 | 125 | -126 | 39 | 18 |
Quality Earnings: RDFN is currently unprofitable.
Growing Profit Margin: RDFN is currently unprofitable.
Free Cash Flow vs Earnings Analysis
Past Earnings Growth Analysis
Earnings Trend: RDFN is unprofitable, and losses have increased over the past 5 years at a rate of 22.8% per year.
Accelerating Growth: Unable to compare RDFN's earnings growth over the past year to its 5-year average as it is currently unprofitable
Earnings vs Industry: RDFN is unprofitable, making it difficult to compare its past year earnings growth to the Real Estate industry (-17.3%).
Return on Equity
High ROE: RDFN's liabilities exceed its assets, so it is difficult to calculate its Return on Equity.