|Bid||43.17 x 800|
|Ask||43.80 x 1000|
|Day's range||42.73 - 43.87|
|52-week range||9.63 - 47.12|
|Beta (5Y monthly)||1.96|
|PE ratio (TTM)||N/A|
|Earnings date||04 Nov 2020 - 09 Nov 2020|
|Forward dividend & yield||N/A (N/A)|
|1y target est||40.85|
While 2020 has been a wild ride for many businesses, it's been especially so for the real estate brokerage industry. Redfin (NASDAQ: RDFN), in particular, has experienced huge swings in activity on its tech-driven home buying platform. In its second-quarter earnings report, CEO Glenn Kelman said that demand swung from down 41% year over year during the spring's peak coronavirus shutdown to up 40% currently.
RDFN earnings call for the period ending June 30, 2020.
Redfin (RDFN) delivered earnings and revenue surprises of 66.67% and 14.39%, respectively, for the quarter ended June 2020. Do the numbers hold clues to what lies ahead for the stock?