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Stock impact report

Zillow: Like Landing On The Moon [Seeking Alpha]

Zillow Group, Inc. - Class C Capital Stock (Z) 
Last zillow group, inc. - class c capital stock earnings: 8/6 04:06 pm Check Earnings Report
US:NASDAQ Investor Relations: investors.zillowgroup.com
Company Research Source: Seeking Alpha
Zillow: Like Landing On The Moon Summary Sales were up in the 2Q by 84%. I have added shares to my portfolio Friday afternoon. Prepare for a bumpy ride as Zillow transforms the industry. The foundation of Zillow’s business is its IMT (Internet, Media & Technology) segment. In order to keep this segment growing, it will largely depend on the Premier Agent segment improving. Source: Zillow Overview Zillow's (NASDAQ: ZG Sales at Zillow were up 84% in the 2Q19. They are growing, and I continue to see even more growth coming. However, the home-flipping business called Zillow Offers discussed in more detail below made investors nervous as that segment is generally has lower margins and is more labor-intensive than what the company is historically used to experiencing. Rich Barton, co-founder and CEO of Zillow Group Inc., stated: We're in the early stages of a bold expansion of our company that opens up exciting opportunities for our customers, partners, shareholders and employees. We are un Show less Read more
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