Zillow Group(ZG)
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Compared to Estimates, Zillow (ZG) Q1 Earnings: A Look at Key Metrics
Zacks Investment Research· 2024-05-02 00:36
For the quarter ended March 2024, Zillow Group (ZG) reported revenue of $529 million, up 12.8% over the same period last year. EPS came in at $0.36, compared to $0.35 in the year-ago quarter.The reported revenue represents a surprise of +3.87% over the Zacks Consensus Estimate of $509.3 million. With the consensus EPS estimate being $0.36, the company has not delivered EPS surprise.While investors closely watch year-over-year changes in headline numbers -- revenue and earnings -- and how they compare to Wal ...
Zillow Group (ZG) Q1 Earnings Match Estimates
Zacks Investment Research· 2024-05-01 23:05
Zillow Group (ZG) came out with quarterly earnings of $0.36 per share, in line with the Zacks Consensus Estimate. This compares to earnings of $0.35 per share a year ago. These figures are adjusted for non-recurring items.A quarter ago, it was expected that this online real estate marketplace would post earnings of $0.12 per share when it actually produced earnings of $0.20, delivering a surprise of 66.67%.Over the last four quarters, the company has surpassed consensus EPS estimates three times.Zillow, whi ...
Zillow Group(ZG) - 2024 Q1 - Quarterly Report
2024-05-01 20:36
UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 _____________________________________________________ FORM 10-Q _____________________________________________________ ☒ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the quarterly period ended March 31, 2024 ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 Commission File Number: 001-36853 _____________________________________________________ ZILLOW ...
Zillow Group(ZG) - 2024 Q1 - Quarterly Results
2024-05-01 20:08
Exhibit 99.2 Reported Consolidated Results ZILLOW GROUP, INC. CONDENSED CONSOLIDATED BALANCE SHEETS (in millions, unaudited) December 31, March 31, 2024 2023 Assets Current assets: Cash and cash equivalents $ 1,439 $ 1,492 Short-term investments 1,478 1,318 Accounts receivable, net 100 96 Mortgage loans held for sale 132 100 Prepaid expenses and other current assets 170 140 Restricted cash 3 3 Total current assets 3,322 3,149 Contract cost assets 23 23 Property and equipment, net 343 328 Right of use assets ...
Zillow Group(ZG) - 2023 Q4 - Annual Report
2024-02-14 16:00
UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 _____________________________________________________ FORM 10-K _____________________________________________________ ☒ ANNUAL REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the fiscal year ended December 31, 2023 OR ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 Commission File Number: 001-36853 _____________________________________________________ ZILLOW GR ...
Zillow (ZG) Beats Q4 Earnings and Revenue Estimates
Zacks Investment Research· 2024-02-14 14:31
Zillow Group, Inc. (ZG) reported relatively healthy fourth-quarter 2023 results, wherein the bottom line and the top line beat the respective Zacks Consensus Estimate. Growing user base, drop in monthly mortgage payments on home purchases and strategic acquisitions proved tailwinds despite stiff competition and higher expenditures.Net IncomeGAAP net loss in the quarter was $73 million or a loss of 32 cents per share compared with a net loss of $72 million or a loss of 31 cents per share in the prior-year qu ...
Zillow (ZG) Q4 Earnings: How Key Metrics Compare to Wall Street Estimates
Zacks Investment Research· 2024-02-14 01:31
For the quarter ended December 2023, Zillow Group (ZG) reported revenue of $474 million, up 9% over the same period last year. EPS came in at $0.20, compared to $0.21 in the year-ago quarter.The reported revenue represents a surprise of +5.16% over the Zacks Consensus Estimate of $450.75 million. With the consensus EPS estimate being $0.12, the EPS surprise was +66.67%.While investors scrutinize revenue and earnings changes year-over-year and how they compare with Wall Street expectations to determine their ...
Will Zillow (ZG) Beat Estimates Again in Its Next Earnings Report?
Zacks Investment Research· 2024-02-07 18:11
Have you been searching for a stock that might be well-positioned to maintain its earnings-beat streak in its upcoming report? It is worth considering Zillow Group (ZG) , which belongs to the Zacks Internet - Services industry.This online real estate marketplace has an established record of topping earnings estimates, especially when looking at the previous two reports. The company boasts an average surprise for the past two quarters of 86.90%.For the most recent quarter, Zillow was expected to post earning ...
Zillow Group (ZG) Expected to Beat Earnings Estimates: What to Know Ahead of Q4 Release
Zacks Investment Research· 2024-02-06 16:06
Wall Street expects a year-over-year decline in earnings on higher revenues when Zillow Group (ZG) reports results for the quarter ended December 2023. While this widely-known consensus outlook is important in gauging the company's earnings picture, a powerful factor that could impact its near-term stock price is how the actual results compare to these estimates.The earnings report, which is expected to be released on February 13, 2024, might help the stock move higher if these key numbers are better than e ...
Here's Why Zillow (ZG) Is a Great 'Buy the Bottom' Stock Now
Zacks Investment Research· 2024-01-12 16:17
The price trend for Zillow Group (ZG) has been bearish lately and the stock has lost 8.4% over the past two weeks. However, the formation of a hammer chart pattern in its last trading session indicates that the stock could witness a trend reversal soon, as bulls might have gained significant control over the price to help it find support.While the formation of a hammer pattern is a technical indication of nearing a bottom with potential exhaustion of selling pressure, rising optimism among Wall Street analy ...