Zillow Gr: Q4 Earnings Insights
Portfolio Pulse from Benzinga Insights
Zillow Gr (NASDAQ:ZG) reported Q4 earnings with a 66.67% beat on estimated EPS, reporting $0.2 versus an estimate of $0.12. Revenue increased by $39.00 million from the same period last year. Despite beating last quarter's EPS estimate, the share price dropped by 2.93% the next day.
February 13, 2024 | 9:20 pm
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Zillow Gr reported a significant beat on Q4 earnings estimates with an EPS of $0.2 against an expected $0.12 and saw a revenue increase of $39.00 million from the previous year.
Zillow's significant beat on earnings estimates and increased revenue suggests a positive outlook, potentially leading to a short-term increase in stock price. However, historical context shows a drop in share price following last quarter's earnings beat, indicating market reactions can be unpredictable.
CONFIDENCE 85
IMPORTANCE 90
RELEVANCE 100