REA Group Shares Surge as September-Quarter Revenue Rises 8%
REA Group reported an 8% rise in September-quarter revenue and reiterated its full-year outlook despite a challenging housing market. Shares were on course for their largest one-day gain in four years.
By Stuart CondieSYDNEY--Shares in REA Group were on course for their largest one-day gain in four years after the Australian real-estate advertiser lifted September-quarter revenue and reiterated its full-year outlook despite a challenging housing market.News Corp-controlled REA on Thursday reporte…