Zillow Gr Q1 2024 Adj EPS $0.36 Beats $0.34 Estimate, Sales $529.000M Beat $508.524M Estimate
Portfolio Pulse from Benzinga Newsdesk
Zillow Group (Z) reported Q1 2024 adjusted EPS of $0.36, surpassing the $0.34 estimate, with sales of $529M also beating the $508.524M estimate. This represents a year-over-year earnings increase of 2.86% and a sales increase of 12.79%.
May 01, 2024 | 8:26 pm
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Zillow Group reported a Q1 2024 EPS of $0.36, beating estimates, and sales of $529M, exceeding expectations. Year-over-year growth in earnings and sales observed.
Beating both EPS and sales estimates indicates strong financial health and operational efficiency, likely leading to positive investor sentiment and potential stock price appreciation in the short term.
CONFIDENCE 95
IMPORTANCE 90
RELEVANCE 100