Core Viewpoint - Zillow Group reported quarterly earnings of $0.41 per share, missing the Zacks Consensus Estimate of $0.43 per share, but showing an increase from $0.36 per share a year ago, indicating a -4.65% earnings surprise [1] - The company posted revenues of $598 million for the quarter ended March 2025, surpassing the Zacks Consensus Estimate by 1.61% and up from $529 million year-over-year [2] Financial Performance - Over the last four quarters, Zillow has surpassed consensus EPS estimates two times and topped consensus revenue estimates four times [2] - The current consensus EPS estimate for the upcoming quarter is $0.58 on revenues of $657.3 million, and for the current fiscal year, it is $1.90 on revenues of $2.57 billion [7] Market Position - Zillow shares have declined approximately 6.8% since the beginning of the year, compared to a decline of 4.7% for the S&P 500 [3] - The Zacks Rank for Zillow is currently 4 (Sell), indicating expectations of underperformance in the near future [6] Industry Outlook - The Financial - Mortgage & Related Services industry, to which Zillow belongs, is currently in the bottom 17% of over 250 Zacks industries, suggesting potential challenges ahead [8] - Empirical research indicates a strong correlation between near-term stock movements and trends in earnings estimate revisions, which could impact Zillow's stock performance [5]
Zillow Group (ZG) Misses Q1 Earnings Estimates