Zillow Stock Drops After Q1 Earnings Report: Details

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Zillow Group Inc. (NASDAQ:Z) reported first-quarter results after Wednesday’s closing bell, beating analyst estimates on the top and bottom lines.

Here’s a look at the details inside the report. 

Zillow Q1 Details       

Zillow reported quarterly earnings of 53 cents per share, which beat the consensus estimate of 46 cents, according to Benzinga Pro data. 

Quarterly revenue came in at $708 million, which beat the Street estimate of $705.26 million.

Zillow reported the following first-quarter highlights:

  • For Sale revenue was up 12% yea-over-year to $514 million in the first quarter.
  • Residential revenue was up 8% year-over-year in …

Full story available on Benzinga.com

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