Top Wall Street analysts changed their outlook on these top names. For a complete view of all analyst rating changes, including upgrades and downgrades, please see our analyst ratings page. Considering buying Zillow stock? Here’s what analysts think:Read More: ...

A broader market selloff, like the one seen in the S&P 500 earlier this week, triggered by the unwinding of a so-called ‘carry trade’ started in Japan, tends to bring down essentially all stocks regardless of their fundamental picture. Now trading at only 75% of their 52-week high, shares of Zillow Group Inc. NASDAQ: Z have become a worthy name for investors to consider during these selloffs.Far from blindly picking a beaten-down stock, investors can look at the broader picture instead and understand what i ...

Zillow delivered better-than-expected results and the housing market is improving.Shares of Zillow Group (Z 18.27%) (ZG 18.22%), the leading online real estate platform, were surging today after the company delivered solid growth in spite of broader weakness in the housing market.As a result, the stock closed up 18.3%. Zillow bounces backZillow, which makes money through advertising and related services for realtors, said that revenue in the quarter rose 13% to $572 million, easily beating the company's own ...

Key TakeawaysShares of Zillow Group soared on Thursday, one day after the company named a new CEO and announced better-than-expected second-quarter results.The real estate services company reported a narrower loss and better-than-expected revenue for the second quarter, as demand for all of its services grew.Zillow announced COO Jeremy Wacksman would be the new CEO, replacing co-founder Rich Barton. Zillow Group (Z) shares jumped as the real estate services company reported better-than-expected results for ...

About this content About Emily Jarvie Emily began her career as a political journalist for Australian Community Media in Hobart, Tasmania. After she relocated to Toronto, Canada, she reported on business, legal, and scientific developments in the emerging psychedelics sector before joining Proactive in 2022. She brings a strong journalism background with her work featured in newspapers, magazines, and digital publications across Australia, Europe, and North America, including The Examiner, The Advocate, ...

Zillow Group, Inc. (ZG) reported healthy second-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 verticals.The company has a solid brand position in the residential real estate industry. It boasts 231 million average monthly unique users across the Zillow ecosystem of apps and sites. Zillow’s advanced technology, such as Real Time Touring, Listing Showcase, Follow Up ...

Zillow Group (ZG) reported $572 million in revenue for the quarter ended June 2024, representing a year-over-year increase of 13%. EPS of $0.39 for the same period compares to $0.39 a year ago.The reported revenue compares to the Zacks Consensus Estimate of $539.75 million, representing a surprise of +5.98%. The company delivered an EPS surprise of +25.81%, with the consensus EPS estimate being $0.31.While investors closely watch year-over-year changes in headline numbers -- revenue and earnings -- and how ...

Zillow (Z) came out with quarterly earnings of $0.39 per share, beating the Zacks Consensus Estimate of $0.31 per share. This compares to earnings of $0.39 per share a year ago. These figures are adjusted for non-recurring items.This quarterly report represents an earnings surprise of 25.81%. A quarter ago, it was expected that this real estate website operator would post earnings of $0.36 per share when it actually produced earnings of $0.36, delivering no surprise.Over the last four quarters, the company ...

Zillow Group (ZG) came out with quarterly earnings of $0.39 per share, beating the Zacks Consensus Estimate of $0.31 per share. This compares to earnings of $0.39 per share a year ago. These figures are adjusted for non-recurring items.This quarterly report represents an earnings surprise of 25.81%. A quarter ago, it was expected that this online real estate marketplace would post earnings of $0.36 per share when it actually produced earnings of $0.36, delivering no surprise.Over the last four quarters, the ...

Reported Consolidated Results ZILLOW GROUP, INC. CONDENSED CONSOLIDATED BALANCE SHEETS (in millions, unaudited) Exhibit 99.2 ZILLOW GROUP, INC. CONDENSED CONSOLIDATED STATEMENTS OF OPERATIONS | | (in millions, except share data, which are presented in thousands, and per share data, unaudited) | | | | | | | | | --- | --- | --- | --- | --- | --- | --- | --- | --- | | | | | Three Months Ended | | | | Six Months Ended | | | | | | June 30, | | | June 30, | | | | | | 2024 | | 2023 | | 2024 | | 2023 | | Revenue | ...