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]
Here's What Key Metrics Tell Us About Zillow (ZG) Q4 Earnings