Zillow Group, Inc. (NASDAQ:Z) is set to announce third quarter earning results on Thursday 5th November 2020, after market close.
Analysts surveyed by Thomson Reuters are predicting, Z to report 3Q20 income of $ 0.12 per share.
For the full year, analysts anticipate top line of $ 3150.15 million, while looking forward to loss of $ 0.38 per share bottom line.
The Company Outlook
Revenue for 3Q20 are expected in a range of $ 543.00 million ~ $ 581.00 million
Click Here For More Historical Outlooks Of Zillow Group, Inc.
Previous Quarter Performance
Zillow Group, Inc. reported loss for the second quarter of $ 0.38 per share, from the revenue of $ 768.35 million. The quarterly revenues swell 28.15 percent compared with the same quarter last year. Street analysts expected Zillow Group, Inc. to report loss of $ 0.48 per share on revenue of $ 611.70 million for the second quarter. The bottom line results beat street analysts by $ 0.1 or 20.83 percent, at the same time, top line results outshined analysts by $ 156.65 million or 25.61 percent.
Stock Performance
Shares of Zillow Group, Inc. traded up $ 8.26 or 9.01 percent on Wednesday, reaching $ 99.95 with volume of 3.59 million shares. Zillow Group, Inc. has traded high as $ 100.60 and has cracked $ 94.11 on the downward trend
The closing price of $ 99.95, representing a 357.53 % increase from the 52 week low of $ 20.04 and a 18.49 % decrease over the 52 week high of $ 112.49.
The company has a market capital of $ 22.74 billion and is part of the Real Estate sector and Real Estate Services industry.
Recent Analyst recommendations
- On 15th October 2020, maintained by Morgan Stanley at Equal-Weight rating, with $ 110.00 target price.
Conference Call
Zillow Group, Inc. will be hosting a conference call at 5:00 PM eastern time on 5th November 2020, to discuss its 3Q20 financial results with the investment community. A live webcast with presentations will be available on the Internet by visiting the Company website www.zillowgroup.com
Zillow Group, Inc. operates real estate and home-related brands on mobile and the Web in the United States. The company offers a portfolio of brands and products to empowering consumers with unparalleled data, inspiration, and knowledge around homes and connecting them with real estate professionals.
