Zillow Group, Inc. (ZG) reported relatively mixed fourth-quarter 2024 results, wherein adjusted earnings missed the Zacks Consensus Estimate while revenues beat the same.  Find the latest EPS estimates and surprises on Zacks Earnings Calendar.The company has a solid brand position in the residential real estate industry, boasting 204 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 ...

Core Insights - Zillow Group reported $554 million in revenue for Q4 2024, a year-over-year increase of 16.9% and an EPS of $0.27 compared to $0.20 a year ago [1] - The revenue exceeded the Zacks Consensus Estimate of $540.99 million by 2.41%, while the EPS fell short of the consensus estimate of $0.29 by 6.90% [1] Financial Performance Metrics - Average Monthly Unique Users for mobile applications and websites reached 204 million, slightly above the estimated 202.32 million [4] - Total visits to mobile applications and websites were 2.06 billion, below the estimated 2.19 billion [4] - Residential revenue was reported at $387 million, exceeding the average estimate of $374.26 million, reflecting a year-over-year change of 10.9% [4] - Other revenue was $10 million, slightly below the estimated $11.72 million, showing no change compared to the previous year [4] - Mortgage revenue surged to $41 million, surpassing the estimated $35.82 million, marking an impressive year-over-year increase of 86.4% [4] - Rental revenue was reported at $116 million, slightly above the average estimate of $115.22 million, indicating a year-over-year growth of 24.7% [4] Stock Performance - Zillow's shares have returned +25.2% over the past month, significantly outperforming the Zacks S&P 500 composite's +4.2% change [3] - The stock currently holds a Zacks Rank 2 (Buy), suggesting potential for outperformance in the near term [3]

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. These figures are adjusted for non-recurring items.This quarterly report represents an earnings surprise of -6.90%. A quarter ago, it was expected that this online real estate marketplace would post earnings of $0.32 per share when it actually produced earnings of $0.35, delivering a surprise of 9.38%.Over the last four quart ...

UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 _____________________________________________________ FORM 10-K _____________________________________________________ ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 Commission File Number: 001-36853 ZILLOW GROUP, INC. (Exact name of registrant as specified in its charter) _____________________________________________________ Washington 47-1645716 (State or other jurisdiction of (I.R.S. Employe ...

Reported Consolidated Results ZILLOW GROUP, INC. CONDENSED CONSOLIDATED BALANCE SHEETS (in millions, unaudited) | | | December 31, | | December 31, | | --- | --- | --- | --- | --- | | | | 2024 | | 2023 | | Assets | | | | | | Current assets: | | | | | | Cash and cash equivalents | $ | 1,082 | $ | 1,492 | | Short-term investments | | 776 | | 1,318 | | Accounts receivable, net | | 104 | | 96 | | Mortgage loans held for sale | | 159 | | 100 | | Prepaid expenses and other current assets | | 210 | | 140 | | Restr ...

Wall Street analysts forecast that Zillow Group (ZG) will report quarterly earnings of $0.29 per share in its upcoming release, pointing to a year-over-year increase of 45%. It is anticipated that revenues will amount to $540.64 million, exhibiting an increase of 14.1% compared to the year-ago quarter.The current level reflects no revision in the consensus EPS estimate for the quarter over the past 30 days. This demonstrates how the analysts covering the stock have collectively reappraised their initial pro ...

Wall Street expects a year-over-year increase in earnings on higher revenues when Zillow Group (ZG) reports results for the quarter ended December 2024. 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 11, 2025, might help the stock move higher if these key numbers are better than ...

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. The analyst raised ZG's rating to "overweight" from "sector weight" and set a $100 price target -- a 26.3% premium over Friday's close -- citing potential tailwinds from an improving housing market.Zillow stock has gained 40% over the past 12 months, yet 11 out of 25 analysts still rate it as a "hold" or worse, leaving room for additional upgrades that ...

Zillow Group, Inc. (ZG) recently unveiled an affordability tool named BuyAbility to streamline home purchasing for prospective buyers. The solution provides a personalized estimate of the home price based on the buyer's budget, monthly installments the buyer can afford and the possibility of qualifying for a loan. The availability of this information empowers shoppers with greater clarity and enables them to select preferred homes that align with their budget swiftly. Per Zillow data, around 80% of buyers r ...

Zillow Group, Inc. (ZG) 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.Stay up-to-date with all quarterly releases: See Zacks Earnings Calendar.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 advan ...