Previous close | 42.00 |
Open | 42.03 |
Bid | 41.40 x 100 |
Ask | 41.46 x 100 |
Day's range | 41.11 - 42.85 |
52-week range | 33.23 - 59.23 |
Volume | |
Avg. volume | 741,690 |
Market cap | 9.859B |
Beta (5Y monthly) | N/A |
PE ratio (TTM) | N/A |
EPS (TTM) | -0.68 |
Earnings date | 31 Jul 2024 - 05 Aug 2024 |
Forward dividend & yield | N/A (N/A) |
Ex-dividend date | N/A |
1y target est | 59.57 |
Shares of Zillow Group (Z, ZG) are falling sharply in after-hours trading. The company reported first quarter adjusted earnings of $0.36, topping estimates of $0.28. Revenue of $529 million beat Street expectations of $508.9 million. The second quarter revenue forecast, however, was a disappointment. Zillow sees revenue in a range of $525 million to $540 million in the quarter. Analysts had been expecting $559.2 million. Yahoo Finance's Akiko Fujita and Josh Lipton break down the real estate company's quarterly results. For more expert insight and the latest market action, click here to watch this full episode. This post was written by Stephanie Mikulich.
Despite a tough rate environment, Zillow reports a 13% increase in revenue and significant strides in its Rentals and Mortgages segments.
The headline numbers for Zillow (ZG) give insight into how the company performed in the quarter ended March 2024, but it may be worthwhile to compare some of its key metrics to Wall Street estimates and the year-ago actuals.