=Redfin (RDFN) reported earnings on Thur 9 Aug 2018 (a/h)

Redfin beats by $0.02, beats on revs; guides Q3 revs below consensus

• Reports Q2 (Jun) earnings of $0.04 per share, excluding non-recurring items, $0.02 better thanthe Capital IQ Consensus of $0.02; revenues rose 35.9% year/year to $142.6 mln vs the $140.12 mln Capital IQ Consensus and July 17 pre-announcement of $142.1-142.5 mln..
• Co issues downside guidance for Q3, sees Q3 revs of $137.1-141.3 mln vs. $142.49 mln Capital IQ Consensus Estimate.
• Third quarter net income between $1.2 million and $2.8 million, compared to net income of $10.6 million in the third quarter of 2017. This guidance includes approximately $5.6 million of expected stock-based compensation, $2.0 million of expected depreciation and amortization, and $1.6 million of interest expense from the convertible notes issued in July 2018.

Redfin is investing more in Redfin Now, the service whereby Redfin buys homes directly, letting sellers move on with cash in-pocket 
Redfin structured Redfin Now as an experiment, beginning in the Inland Empire region of Southern California in January 2017, and then expanding to San Diego in June 2017. With the expansion to Orange County, Redfin is committing to the Redfin Now service and expects to offer it to consumers on an ongoing basis.

Redfin's CEO Glenn Kelman. Prior to joining Redfin, he was a co-founder of Plumtree Software (acquired ny BEA Systems in 2006). (photo 6 Oct 2020)

=Redfin (RDFN) reported earnings on Thur 10 May 2018 (a/h)

Redfin reports EPS in-line, beats on revs; guides Q2 revs in-line 

• Reports Q1 (Mar) loss of $0.44 per share, in-linewith the Capital IQ Consensus of ($0.44); revenues rose 33.4% year/year to $79.9 mln vs the $77.15 mln Capital IQ Consensus, above its prior guidance of $74.6-$78.4 mln
• Gross margin was 7%, compared to 11% in the first quarter of 2017.
• Reached market share of .73% of U.S. existing home sales by value in 1Q18, an increase of .02 percentage points from the fourth quarter of 2017, and an increase of .15 percentage points from 1Q17.
• Co issues in-line guidancefor Q2, sees Q2 revs of 134.8-139.1 vs. $134.49 mln Capital IQ Consensus Estimate. Redfin Now revenue is expected to be between $5.2 million and $6.2 million is included in the guidance provided. Sees Net income between $(1.0) million and $1.5 million, compared to net income of $4.3 million in the second quarter of 2017.

Earnings this week : May 7 - 11, 18 (wk 19)

81% of the S&P 500 has reported first quarter results. Q1 earnings are now expected to be up 24.3%. Earnings are expected to grow 18.8% in Q2 and 19.5% for the year. Next week is still quite busy on the earnings front as more small and mid caps report quarterly results.

Monday (May 7)

• Pre-Market: CTSH SYY SRE TSN WLTW LPX KOS VGR TSEM WBT GCI SSP GPRE PETS MYE SPNS NCMI TLRA TA
• After-Hours: NTR ANDV IAG IFF MOS ZG ANDX TRMB BKI AIV BHF OHI DCP EVHC DK APLE JCOM EQC SHO SWX OAS AMC  CBT RBC TREX ORA NVRO NGHC RARE SJI AMED AWR MYGN CENT HTZ PINC OTTR PAHC KAMN CRZO RMBS DPLO SNHY MWA LBRT BKD FN ATSG TRTX RWT SYKE EVBG GBDC RYAM PLOW LMNX ANDE MTSC CARB MTW VECO REN FRPT TCMD IVC LCI FRGI DHT EVRI NLS WMC WAAS STRL PI EGAN

Tuesday (May 8)

• Pre-Market: CRSP JD MCHP DISH DISCA MLM BR HSIC IT EXPD ATHM PRGO ARMK AES JEC JLL USFD VRX EGN ACM HAE VSM LOXO SUM JELD MFA HAIN NHI VG BLD VSH  ZBRA  AQUA TGNA NOVT ICPT GCP LXP NWN FI LGIH SGMO RGEN MNTA DNR ETM SEAS HUD STFC PRIM FSS ENDP BMCH WLH CROX MNK TGH GTN CWH DEA EPZM CORE ATKR DF ANIP DQ GTS COHU VRTV TTI SD DSKE CRCM MGI FRTA ONDK TAST VPG KEYW 

• After-Hours: DIS OXY MAR EA MNST PAA O CA FANG MTCH GDDY XEC JAZZ WR TRQ BIO KAR MIDD DEI WTR TRIP PEN TWLO NEWR WEN GWPH PAGP ETSY PLNT

Wednesday (May 9)

• Pre-Market: WB MYL AEE COTY STE SINA ADT EPAM JHG CNK HPT DLPH SYNH CNDT WIX CABO PFGC SBGI WRD GRPN HZNP MDP CARS PNK USAC
• After-Hours: FOXA DXC CTRP ETP CTL ETE FNV IAC ALB ANGI RNG ICUI CPA NUAN GDOT ROKU HLI FNGN DAR ENV PBYI SEDG BKNG   SEP FTI MELI ZTO ATUS IAC ALB OTEX BGNE ANGI RNG ICUI CPA NUAN DNB FGEN EEP SNH RLJ  PAAS HLI FNGN PTLA DAR WRD ENV  PSEC BLDR WMGI SAIL SUN TROX AYX FG INFN PRAA SYNA AG PTCT TWNK NP ZGNX BOLD EVH GKOS FSM SCOR TPC RUN PRSC ELF AMPH MBI COLL CVNA CHEF TCX UPLD NVGS NVAX TTGT NNBR MTRX SIEN MDCA BREW NVTA QHC FTK MRAM (finviz-change)

Thursday (May 10)

• Pre-Market: AZUL TU DUK BAM WP NICE ICL YY UBNT CRL SATS MIXT CHH MMS UNVR GDS DKS CLNS AMCX TRCO PQG BIG PEGI KLIC PBH HL BITA SPH AMRX UNVR  LHO  TRCO  NOMD ACIW BTG MDP BPMP PQG DDS DESP PEGI KLIC HL RDUS SPH TGI HIMX KELY.A WRLD OMI EGRX KND SNR DSX DEPO ECOM BIOS SND MGA TSG ENB   (finviz-change)
• After-Hours: NVDA SYMC NKTR WPM DOX NWSA FLS PPC PEGA AL HUBS YELP XON ANAB  HRTX TTD RDFN GLOB WTTR TIVO SSRM TLND  RBA UNIT JAG HALO XON CASA WTTR GLOB TIVO KLIC PSDO KTOS ARCB OMER FATE VRAY CSLT CIVI PFLT UEPS MCFT SENS SGYP DCO IMMR NDLS AMBR FNKO AVID ASYS

Friday (May 11)

• Pre-Market: TRI, WPRT, WOW

-=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.

=Redfin (RDFN) reported earnings on Thu 9 Nov 2017 (a/h)

Redfin reports EPS in-line, misses on revs; guides Q4 revs in-line 

• Reports Q3 (Sep) earnings of $0.12 per share, in-line with the Capital IQ Consensus of $0.12; revenues rose 35.0% year/year to $109.5 mln vs the $110.62 mln Capital IQ Consensus.
• Reports accelerated market-share gains, serving 0.71% of U.S. existing home sales by value in the third quarter of 2017, an increase of 0.14 percentage points from the same period in 2016. The year-over-year gains were 0.11 percentage points for the second quarter of 2017, and 0.10 percentage points for the first quarter.
• Continued to drive strong traffic growth, with visitors to our website and mobile application increasing by 38% over the third quarter of 2016, to more than 24 million monthly average visitors.
• Redfin now revenue was $3.4 mln for the quarter.
• Co issues in-line guidancefor Q4, sees Q4 revs of $89.2-$93.2 vs. $90.09 mln Capital IQ Consensus Estimate. Sees Redfin Now revenue of $2.2-$3.2 mln. Sees net loss between $6.0-$3.9 million, compared to net loss of $5.3 million in the fourth quarter of 2016.