Orphe Divounguy, a senior economist at Zillow, appears on 'Fast Money' to discuss the future of homebuilders following a significant week of housing data.
Zillow's stock didn't perform well after its earnings report, but the company is still doing well in important areas. Both rentals and mortgages are increasing, and Zillow is becoming more profitable every year.
Zillow Group Inc (NASDAQ:Z), an online real estate marketplace, has seen its shares rise by 0.7% to $78.78 after a significant drop of 9.4% in the previous session.
Zillow Group, Inc. ZG shares have dropped in value following the company's mixed results announced on Tuesday.
Zillow Group, Inc. (NASDAQ:Z) will hold its Q4 2024 Earnings Conference Call on February 11, 2025, at 5:00 PM ET. The call will feature company representatives, including CEO Jeremy Wacksman and CFO Jeremy Hofmann, along with various analysts from different firms. Please wait until the end of the presentation to ask any questions, as instructions for the Q&A session will be provided then.
Zillow (Z) reported quarterly earnings of $0.27 per share, which is lower than the Zacks Consensus Estimate of $0.29 per share. This is an increase compared to earnings of $0.20 per share from the same time last year.
Match Group has named Spencer Rascoff, a co-founder of Zillow, as its new CEO. Rascoff, who has been on the board since March 2024, will take over from the current CEO, Bernard Kim, right away.
SEATTLE, Jan. 21, 2025 /PRNewswire/ -- Zillow Group, Inc. (Nasdaq: Z and ZG) has announced that it will share its financial results for the fourth quarter and the entire year of 2024 after the market closes on Tuesday, February 11, 2025. The company will hold a webcast and conference call to go over these results that same afternoon at 2 p.m. PT / 5 p.m. ET.
Zillow (Z) has a strong track record of surprising with its earnings and currently has the right mix of factors that suggest it may exceed expectations in its upcoming quarterly report.
There are huge financial losses, buyers are rushing to find houses, and there's uncertainty about when and how to rebuild. Let's examine the current situation and consider how the market may progress in the future.