Redfin Past Earnings Performance
Past criteria checks 0/6
Redfin's earnings have been declining at an average annual rate of -33.2%, while the Real Estate industry saw earnings growing at 19.9% annually. Revenues have been growing at an average rate of 24.5% per year.
Key information
-33.2%
Earnings growth rate
-28.4%
EPS growth rate
| Real Estate Industry Growth | 27.7% |
| Revenue growth rate | 24.5% |
| Return on equity | -296.0% |
| Net Margin | -13.1% |
| Next Earnings Update | 07 May 2024 |
Recent past performance updates
Recent updates
Does Redfin (NASDAQ:RDFN) Have A Healthy Balance Sheet?
Mar 26
Redfin: 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 20Redfin's Business Model Is Ill Equipped For A Slowdown
Sep 18Saga Partners - Redfin: Attractive Business Model & Competitive Advantage, Unattractive Results
Aug 30Redfin: Q2 EPS Looks Really Bad To Me, I See The Rest Of The Year As Worse - Sell
Aug 10Redfin (NASDAQ:RDFN) Has Debt But No Earnings; Should You Worry?
Jun 29Is Redfin Stock A Buy, Sell, Or Hold As Price Dips?
Jun 24Redfin: The Real Estate Slowdown Is Going To Hurt
Jun 10Saga Partners: Redfin: Business And Competitive Advantage Have Never Been Stronger
May 17Redfin's Q1: The Beautiful Hype And The Ugly Numbers
May 09What Is Redfin Corporation's (NASDAQ:RDFN) Share Price Doing?
Apr 29Continue To Avoid Redfin Corporation
Apr 26Revenue & Expenses BreakdownBeta
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 |
|---|---|---|---|---|
| 31 Dec 23 | 977 | -127 | 357 | 183 |
| 30 Sep 23 | 2,165 | -203 | 383 | 200 |
| 30 Jun 23 | 2,202 | -230 | 395 | 199 |
| 31 Mar 23 | 2,276 | -277 | 423 | 198 |
| 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 33.2% 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 (-3.8%).
Return on Equity
High ROE: RDFN has a negative Return on Equity (-295.95%), as it is currently unprofitable.