Redfin RDFN shares soared 8.6% in the last trading session to close at $56.96. The move was backed by solid volume with far more shares changing hands than in a normal session. This compares to the stock's 22.6% loss over the past four weeks.Though the company missed expectations on the bottom-line loss in first-quarter 2021, investors see the results positively on the better-than-anticipated year-over-year revenue growth of 40%. The company also reported gross profit expansion as well as market share gains.Price and ConsensusThis real estate broker is expected to post quarterly loss of $0.03 per share in its upcoming report, which represents a year-over-year change of +62.5%. Revenues are expected to be $344.91 million, up 61.4% from the year-ago quarter.Earnings and revenue growth expectations certainly give a good sense of the potential strength in a stock, but empirical research shows that trends in earnings estimate revisions are strongly correlated with near-term stock price movements.For Redfin, the consensus EPS estimate for the quarter has been revised 435.4% lower over the last 30 days to the current level. And a negative trend in earnings estimate revisions doesn't usually translate into price appreciation. So, make sure to keep an eye on RDFN going forward to see if this recent jump can turn into more strength down the road.The stock currently carries a Zacks Rank 3 (Hold). You can see the complete list of today's Zacks Rank #1 (Strong Buy) stocks here >>>>Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report Redfin Corporation (RDFN): Free Stock Analysis Report To read this article on Zacks.com click here. Zacks Investment Research