Redfin stock fell 10.9% after wider Q4 loss, but revenue rose 12%.

From StockTwits: 2025-02-28 03:20:13

Redfin Corp (RDFN) stock fell 10.9% in after-market trading after posting a wider fourth-quarter net loss of $36.7 million compared to $23.1 million in the year-ago quarter. Despite the loss, the company’s fourth-quarter revenue rose 12% to $244.3 million. Redfin projected first-quarter revenue between $214 million and $225 million, with analysts expecting $243.7 million. CEO Glenn Kelman noted increased demand post-election but concerns about high interest rates. The company’s rental partnership with Zillow is expected to boost apartment listings and advertising. Retail sentiment on Stocktwits remains ‘extremely bullish’ for RDFN.



Read more at StockTwits: Redfin Corp Stock Falls After Q4 Loss Widens, Retail Wants To Buy The Dip