Redfin shares fall 7% after real estate earnings disappoint

Redfin shares fall 7% after real estate earnings disappoint

7 years ago
Anonymous $ZOEEBQ1zf0

https://techcrunch.com/2017/11/09/redfin-shares-fall-7-after-real-estate-earnings-disappoint/

Redfin, the real estate brokerage site, saw its shares tumble about 7% in after-hours trading, shortly after sharing its earnings.

The company posted about $109.5 million for the third quarter. Analysts surveyed by Yahoo Finance had been expecting about $110.6 million. Adjusted earnings per share were 12 cents, missing the 13 cents predicted.