Cash flow metrics show gradual improvement. Forecast models for Redfin suggest Q4 prices could extend above $9.60 if cost controls are maintained. Investors in Redfin Corporation ( NASDAQ:RDFN ) had a good week, as its shares rose 7.3% to close at US$7.11 following the release of its annual results. It looks like a moderately negative result overall with revenues falling 10% short of analyst estimates at US$977m. Statutory losses were US$1.16 per share, roughly in line with what the analysts expected. Earnings are an important time for investors, as they can track a company's performance, look at what the analysts are forecasting for next year, and see if there's been a change in sentiment towards the company. We thought readers would find it interesting to see the analysts latest (statutory) post-earnings forecasts for next year. The Dow Jones Industrial Average ( ^DJI ) fell more than 880 points after dropping as much as 1,100 during the session. The S&P 500 ( ^GSPC ) fell nearly 2.7% following the index's worst week since September . Economic indicators, including lower inflation expectations, may improve Redfin demand. Analysts mark $9.50 as a strategic short-term forecast point if CPI trends continue downward.
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