ZG Aug 2024 22.500 put
| Previous Close | 0.0500 |
| Open | 0.0500 |
| Bid | 0.0000 |
| Ask | 0.0000 |
| Strike | 22.50 |
| Expire Date | 2024-08-16 |
| Day's Range | 0.0500 - 0.0500 |
| Contract Range | N/A |
| Volume | |
| Open Interest | N/A |
- Yahoo Finance Video
Zillow stock sinks on disappointing Q2 revenue guidance
Shares of Zillow Group (Z, ZG) are falling sharply in after-hours trading. The company reported first quarter adjusted earnings of $0.36, topping estimates of $0.28. Revenue of $529 million beat Street expectations of $508.9 million. The second quarter revenue forecast, however, was a disappointment. Zillow sees revenue in a range of $525 million to $540 million in the quarter. Analysts had been expecting $559.2 million. Yahoo Finance's Akiko Fujita and Josh Lipton break down the real estate company's quarterly results. For more expert insight and the latest market action, click here to watch this full episode. This post was written by Stephanie Mikulich.
Barrons.comZillow Is Treading Carefully. Wall Street Isn’t Worried.
Zillow Group says the tough housing market and rising mortgage rates led to its cautious outlook. Of the 28 analysts with Zillow class C ratings tracked by FactSet half rate the shares Buy or Buy-equivalent. Mortgage rates continue to climb as the spring home buying season reaches its peak period.
StockStoryWhy Zillow (ZG) Shares Are Falling Today
Shares of online real estate marketplace Zillow (NASDAQ:ZG) fell 9.4% in the pre-market session after the company reported first quarter results. Its EPS missed, and the number of website/mobile app visits fell short of Wall Street's projections. Additionally, revenue guidance for next quarter was below expectations, which is further driving weakness in the stock. On the other hand, Zillow exceeded analysts' revenue and EBITDA expectations this quarter. Overall, the results could have been bette
