Estate agency Purplebricks (LON: PURP) is reporting its 2020-21 results on Tuesday 7 July and this will provide an opportunity to update the market on trading. There should also be news concerning the strategy of the business and its pricing levels.
Peel Hunt forecasts an underlying pre-tax profit of £3m, although market consensus is £6m. Given the May trading statement it seems likely that the outcome will be nearer to the consensus figure. Much of this profit was made in the first half. Purplebricks lost money in the previous year.
Purplebricks continues to spend significant amounts o...
