Investing.com - Redfin reported on Wednesday third quarter earnings that missed analysts' forecasts and revenue that fell short of expectations.
Redfin announced earnings per share of $-0.83 on revenue of $600.5M. Analysts polled by Investing.com anticipated EPS of $-0.76 on revenue of $606.31M.
Redfin shares are down 19% from the beginning of the year and are trading at $3.17 , down-from-52-week-high.
Redfin shares lost 3.06% in after-hours trade the report.
Redfin follows other major Real Estate sector earnings this month
Redfin's report follows an earnings beat by Prologis on October 19, who reported EPS of $1.36 on revenue of $1.15B, compared to forecasts EPS of $1.34 on revenue of $1.2B.
American Tower had beat expectations on October 27 with third quarter EPS of $1.8 on revenue of $2.67B, compared to forecast for EPS of $1.13 on revenue of $2.65B.
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