Tag: Estimates

Redfin Blows Away Estimates to End 2019, Issues Rosy Outlook for 2020

There was a lot of information to unpack from tech-forward real estate brokerage Redfin‘s (NASDAQ:RDFN) final earnings report of 2019 — most of it very positive. The company continues to chip away at market share, even though a housing market dominated by soaring prices (now even in rural areas) and a supply shortage of home…

Scotiabank’s third-quarter earnings beat estimates while BMO falls short

TORONTO – The Bank of Nova Scotia’s footprint in Latin America fuelled its third-quarter earnings to beat market expectations while its rival BMO Financial Group missed the mark amid higher loan loss provisions and slower growth in Canada and the U.S. Scotiabank, which has the largest international presence among Canada’s Big Six Banks, raised its…

Netflix's fourth-quarter revenue misses estimates; shares slip

FILE PHOTO: The Netflix logo is seen on their office in Hollywood, Los Angeles, California, U.S. July 16, 2018. REUTERS/Lucy Nicholson (Reuters) – Netflix Inc (NFLX.O) posted lower-than-expected quarterly quarter revenue on Thursday, despite a slate of original content the streaming pioneer released in the quarter including hit thriller “Bird Box”, sending its shares down…