{"id":104237,"date":"2019-02-21T19:26:31","date_gmt":"2019-02-21T12:26:31","guid":{"rendered":"http:\/\/www.siamlandbank.com\/propertynews\/property-news\/purplebricks-shares-plunge-40-on-lower-revenue-forecasts\/"},"modified":"2019-02-21T20:03:36","modified_gmt":"2019-02-21T13:03:36","slug":"purplebricks-shares-plunge-40-on-lower-revenue-forecasts","status":"publish","type":"post","link":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/purplebricks-shares-plunge-40-on-lower-revenue-forecasts\/","title":{"rendered":"Purplebricks shares plunge 40% on lower revenue forecasts"},"content":{"rendered":"


\nOnline estate agent announces departure of both UK and US heads after second downgradeShares in the UK\u2019s largest online estate agent, Purplebricks, plunged 40% after the company slashed its revenue forecasts and announced the surprise departure of both its US and UK bosses.The company blamed slower than expected growth in its fledgling US business and \u201cheadwinds\u201d in Australia, as it said revenue for the year was unlikely to exceed \u00a3140m compared with an earlier forecast of up to \u00a3175m. Continue reading…
\n
\nSource : theguardian.com
\nRead more…Purplebricks shares plunge 40% on lower revenue forecasts<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"

Online estate agent announces departure of both UK and US heads after second downgradeShares in...<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"false","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"spay_email":"","footnotes":"","jetpack_publicize_message":"","jetpack_is_tweetstorm":false,"jetpack_publicize_feature_enabled":true},"categories":[1],"tags":[],"class_list":["post-104237","post","type-post","status-publish","format-standard","hentry","category-property-news"],"jetpack_featured_media_url":"","jetpack_publicize_connections":[],"jetpack_sharing_enabled":true,"jetpack_shortlink":"https:\/\/wp.me\/p75ss1-r7f","jetpack-related-posts":[{"id":104233,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/purplebricks-shakes-up-management-as-it-cuts-revenue-forecasts\/","url_meta":{"origin":104237,"position":0},"title":"Purplebricks shakes up management as it cuts revenue forecasts","date":"February 21, 2019","format":false,"excerpt":"\r Shares in online estate agency plunge more than 30% after news\r \r Source : ft.com\r Read more...Purplebricks shakes up management as it cuts revenue forecasts","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":102254,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/first-half-losses-double-at-purplebricks-as-housing-market-stalls\/","url_meta":{"origin":104237,"position":1},"title":"First-half losses double at Purplebricks as housing market stalls","date":"December 14, 2018","format":false,"excerpt":"\r Online estate agent\u2019s shares down 12% after it cuts full-year revenue forecast to \u00a3175mFirst-half losses have more than doubled at Purplebricks as the online estate agent warned that it saw little prospect for immediate improvement in the UK property market.Purplebricks made a pre-tax loss of \u00a327.3m in the six\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":2728,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/purplebricks-revenue-soars-but-losses-widen\/","url_meta":{"origin":104237,"position":2},"title":"Purplebricks revenue soars but losses widen","date":"January 26, 2016","format":false,"excerpt":"\r The hybrid estate agent, which has pumped money into an advertising campaign, has grown its share of the online market\r \r Source : telegraph.co.uk\r Read more...Purplebricks revenue soars but losses widen","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":106917,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/purplebricks-needs-to-conquer-the-uk-before-becoming-a-world-leader-nils-pratley\/","url_meta":{"origin":104237,"position":3},"title":"Purplebricks needs to conquer the UK before becoming a world leader | Nils Pratley","date":"May 8, 2019","format":false,"excerpt":"\r Departure of online estate agent\u2019s chief executive seems to signal reality biting after share price fallA year ago, Purplebricks\u2019 boast about being a \u201cworld-leading\u201d competitor to traditional estate agents sounded cheeky, but not hopelessly so. The would-be UK disrupter had launched in Australia, Canada and the US. In doing\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":107730,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/axel-springer-doubles-stake-in-struggling-online-estate-agent-purplebricks\/","url_meta":{"origin":104237,"position":4},"title":"Axel Springer doubles stake in struggling online estate agent Purplebricks","date":"June 3, 2019","format":false,"excerpt":"\r Shares in property group have fallen sharply over the past year\r \r Source : ft.com\r Read more...Axel Springer doubles stake in struggling online estate agent Purplebricks","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":78825,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/purplebricks-shares-crumble-on-sales-figures-worries\/","url_meta":{"origin":104237,"position":5},"title":"Purplebricks shares crumble on sales figures worries","date":"February 2, 2018","format":false,"excerpt":"\r Jefferies analysts query number of homes sold by online estate agent\r \r Source : ft.com\r Read more...Purplebricks shares crumble on sales figures worries","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]}],"_links":{"self":[{"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/posts\/104237"}],"collection":[{"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/comments?post=104237"}],"version-history":[{"count":0,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/posts\/104237\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/media?parent=104237"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/categories?post=104237"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/tags?post=104237"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}