Zillow (ZG) Beats Q4 Earnings and Revenue Estimates
ZGZillow Group(ZG) Zacks Investment Research·2024-02-14 22:31

Zillow Group, Inc. (ZG) reported relatively healthy fourth-quarter 2023 results, wherein the bottom line and the top line beat the respective Zacks Consensus Estimate. Growing user base, drop in monthly mortgage payments on home purchases and strategic acquisitions proved tailwinds despite stiff competition and higher expenditures. Net Income GAAP net loss in the quarter was 73millionoralossof32centspersharecomparedwithanetlossof73 million or a loss of 32 cents per share compared with a net loss of 72 million or a loss of 31 cents per share in the prior-year ...