Published on 1 Mar 2024 on Simply Wall St. via Yahoo Finance
Redfin Corporation (NASDAQ:RDFN) Just Reported, And Analysts Assigned A US$7.10 Price Target
Investors in Redfin Corporation (NASDAQ:RDFN) had a good week, as its shares rose 7.3% to close at US$7.11 following the release of its annual results. It looks like a moderately negative result overall with revenues falling 10% short of analyst estimates at US$977m. Statutory losses were US$1.16 per share, roughly in line with what the analysts expected. Earnings are an important time for investors, as they can track a company's performance, look at what the analysts are forecasting for next year, and see if there's been a change in sentiment towards the company. We thought readers would find it interesting to see the analysts latest (statutory) post-earnings forecasts for next year.
View our latest analysis for Redfin
