Zillow Gr Q2 Sales $506.00M Beat $471.59M Estimate
Portfolio Pulse from Benzinga Newsdesk
Zillow Gr (NASDAQ:Z) reported Q2 sales of $506.00 million, beating the analyst consensus estimate of $471.59 million by 7.30 percent. However, this represents a 49.85 percent decrease from the same period last year.
August 04, 2023 | 12:07 pm
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Zillow Gr's Q2 sales exceeded estimates but are significantly lower than last year's figures.
While Zillow Gr's Q2 sales beat the analyst consensus, the significant YoY decrease could be a concern for investors. This mixed result makes the short-term impact on the stock price uncertain.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100