Zillow (ZG) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.
Zillow (ZG) saw its shares surge in the last session with trading volume being higher than average. The latest trend in earnings estimate revisions may not translate into further price increase in the near term.
HomeServices of America selects Zillow's AI-native tool to drive greater customer engagement for real estate agents nationwide.
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Despite solid growth in all segments, ZG's fourth-quarter earnings miss estimates.
The headline numbers for Zillow (ZG) give insight into how the company performed in the quarter ended December 2024, but it may be worthwhile to compare some of its key metrics to Wall Street estimates and the year-ago actuals.
Zillow Group (ZG) came out with quarterly earnings of $0.27 per share, missing the Zacks Consensus Estimate of $0.29 per share. This compares to earnings of $0.20 per share a year ago.
Evaluate the expected performance of Zillow (ZG) for the quarter ended December 2024, looking beyond the conventional Wall Street top-and-bottom-line estimates and examining some of its key metrics for better insight.
Zillow (ZG) possesses the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.
Shares of online real-estate marketplace Zillow Group Inc Class A (NASDAQ:ZG) are down 0.8% in premarket trading, despite receiving a bull note from KeyBanc.
Zillow (ZG) has an impressive earnings surprise history and currently possesses the right combination of the two key ingredients for a likely beat in its next quarterly report.
DA Davidson analyst Tom White raised the firm's price target on Zillow Group to $80 from $75 and keeps a Buy rating on the shares. The company's "Showcase Listing", or SL, offering continued to expand its share of available for-sale home listings during Q4 and also managed to grow its footprint of paying customers sequentially, the analyst tells investors in a research note. While early customer retention trends for SLs remain mixed, based on the momentum of overall SL penetration and the firm's expectation of continued broader share gains for Zillow's Residential + Mortgage segments relative to industry total transaction value growth, DA Davidson is boosting its FY25 EBITDA outlook to $626M from $598M, the firm added.