Zillow Group Q2 Earnings: Revenue Beat, EPS Beat, Strong Guidance, New CEO, 'Increasingly Diversified And Growing Business'
Portfolio Pulse from Adam Eckert
Zillow Group Inc (NASDAQ:Z) (NASDAQ:ZG) reported strong Q2 earnings, beating revenue and EPS estimates. The company announced a new CEO and provided strong guidance for Q3. Revenue increased across all segments, and the company expects continued growth.
August 07, 2024 | 9:26 pm
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Zillow Group Inc (NASDAQ:Z) reported strong Q2 earnings, beating revenue and EPS estimates. The company announced a new CEO and provided strong guidance for Q3. Revenue increased across all segments, and the company expects continued growth.
Zillow's strong Q2 performance, new leadership, and positive guidance for Q3 are likely to boost investor confidence and drive the stock price up in the short term.
CONFIDENCE 95
IMPORTANCE 90
RELEVANCE 100
POSITIVE IMPACT
Zillow Group Inc (NASDAQ:ZG) reported strong Q2 earnings, beating revenue and EPS estimates. The company announced a new CEO and provided strong guidance for Q3. Revenue increased across all segments, and the company expects continued growth.
Zillow's strong Q2 performance, new leadership, and positive guidance for Q3 are likely to boost investor confidence and drive the stock price up in the short term.
CONFIDENCE 95
IMPORTANCE 90
RELEVANCE 100