Redfin shares fall 7% after real estate earnings disappoint

Redfin, the real estate brokerage site, saw its shares tumble about 7% in after-hours trading, shortly after sharing its earnings. The company posted about $109.5 million for the third quarter. Analysts surveyed by Yahoo Finance had been expecting about $110.6 million. Adjusted earnings per share were 12 cents, missing the 13 cents predicted. The newly public business may have disappointed… Read More...