Why Is Zillow (ZG) Up 11.7% Since Last Earnings Report? [Yahoo! Finance]
Zillow Group, Inc. - Class C Capital Stock (Z)
Last zillow group, inc. - class c capital stock earnings: 8/6 04:06 pm
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US:NASDAQ Investor Relations:
investors.zillowgroup.com
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Source: Yahoo! Finance
Will the recent positive trend continue leading up to its next earnings release, or is Zillow due for a pullback? Before we dive into how investors and analysts have reacted as of late, let's take a quick look at the most recent earnings report in order to get a better handle on the important catalysts. Zillow Q3 Earnings Beat Estimates on Solid Growth in Several Verticals Zillow Group reported healthy third-quarter 2024 results, wherein both the top and bottom lines surpassed the Zacks Consensus Estimate. The company witnessed a revenue expansion year over year, backed by strong momentum in all segments. The company has a solid brand position in the residential real estate industry. It boasts 233 million average monthly unique users across the Zillow ecosystem of apps and sites. Zillow's advanced technology, such as its New Construction marketplace Real Time Touring and software solutions from ShowingTime+, are gaining strong popularity. In the reported quarter, net loss on
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Z
Earnings
- 11/6/24 - Beat