Zillow Group Q3 2023 Adj. EPS $0.33 Beats $0.22 Estimate, Revenue $496M Misses $480.465M Estimate
Portfolio Pulse from Benzinga Newsdesk
Zillow Group reported Q3 2023 adjusted EPS of $0.33, beating the estimate of $0.22. However, the company's revenue of $496M fell short of the $480.465M estimate.
November 01, 2023 | 8:19 pm
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Zillow Group's Q3 2023 earnings beat EPS estimates but missed on revenue. This mixed result could lead to volatility in the stock's price.
Zillow Group's earnings report showed a beat on EPS, indicating higher profitability than expected. However, the miss on revenue suggests lower sales than anticipated, which could be a concern for investors. This mixed result could lead to uncertainty and volatility in the stock's price in the short term.
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