Zillow reports Q4 revenue of $554M, up 17%; inks deal with Redfin to boost growing rentals business
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Zillow Group reported a 17% year-over-year increase in Q4 revenue, reaching $554 million and surpassing analyst expectations. Additionally, Zillow has entered into a partnership with Redfin to enhance its rentals business.
February 11, 2025 | 9:30 pm
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POSITIVE IMPACT
Redfin has entered into a partnership with Zillow to boost Zillow's rentals business, which could have positive implications for Redfin's market presence and business growth.
The partnership with Zillow could provide Redfin with increased exposure and business opportunities in the rentals market, potentially benefiting its stock.
CONFIDENCE 90
IMPORTANCE 70
RELEVANCE 70
POSITIVE IMPACT
Zillow Group's Q4 revenue increased by 17% to $554 million, exceeding analyst expectations. The company also announced a partnership with Redfin to strengthen its rentals business.
Zillow's strong revenue growth and surpassing of analyst estimates are positive indicators for its stock. The partnership with Redfin could further enhance its business prospects, particularly in the rentals segment.
CONFIDENCE 95
IMPORTANCE 85
RELEVANCE 90