Previous close | 7.05 |
Open | 7.00 |
Bid | 0.00 |
Ask | 0.00 |
Strike | 40.00 |
Expiry date | 2024-11-15 |
Day's range | 7.00 - 7.05 |
Contract range | N/A |
Volume | |
Open interest | N/A |
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.
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.
Zillow (ZG) delivered earnings and revenue surprises of 0% and 3.87%, respectively, for the quarter ended March 2024. Do the numbers hold clues to what lies ahead for the stock?