-=Redfin (RDFN) reported earnings on Thur 22 Feb 2018 (a/h)

Redfin beats by $0.03, beats on revs; guides Q1 revs below consensus 

• Reports Q4 (Dec) loss of $0.02 per share, $0.03 better thanthe Capital IQ Consensus of ($0.05); revenues rose 43.4% year/year to $95.8 mln vs the $91.59 mln Capital IQ Consensus.
• Gross margin was 30%, compared to 32% in 4Q16.
• Co issues downside guidance for Q1, sees Q1 revs of 74.6-78.4 mln vs. $80.05 mln Capital IQ Consensus Estimate. Sees Redfin Now revenue between $2.3-$3.1 million. Net loss between ($38.7)-($35.9) million, compared to net loss of ($28.1) million in 1Q17. This guidance includes approximately $4.5 million of expected stock-based compensation and $1.8 million of expected depreciation and amortization.