Why Is Zillow (Z) Up 2.8% Since Last Earnings Report?

Core Viewpoint - Zillow's shares have increased by approximately 2.8% over the past month, underperforming the S&P 500, raising questions about the sustainability of this trend leading up to the next earnings release [1] Estimates Movement - Estimates for Zillow have trended downward over the past month, with the consensus estimate shifting by -74.42% [2] VGM Scores - Zillow currently holds a Growth Score of B, but has a low Momentum Score of F and a Value Score of F, resulting in an overall VGM Score of D, indicating underperformance across investment strategies [3] Outlook - The downward trend in estimates suggests a negative outlook for Zillow, reflected in its Zacks Rank of 4 (Sell), indicating expectations of below-average returns in the coming months [4] Industry Performance - Zillow is part of the Zacks Internet - Services industry, where Alphabet (GOOGL) has seen a 9% increase in shares over the past month, reporting revenues of $76.49 billion with a year-over-year growth of +13.2% [5] - Alphabet's expected earnings for the current quarter are $2.12 per share, reflecting a year-over-year change of +12.2%, with a Zacks Rank of 3 (Hold) and a VGM Score of A [6]