Fascination About A Preview Of Zillow Group's Earnings - Benzinga

About Zillow Group, Inc(Z) Stock Price, News, Quote & History

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9 Easy Facts About Zillow Reports Record Profits of $52 Million in Q1 2021 Explained

Rich Barton at the Zillow Premier Agent Forum. (Geekwire Image/ Kevin Lisota) The Seattle realty giant beat expectations with $1. 2 billion in revenue, up 8%, and earnings per share of $0. 47. Experts anticipated income of $1. 1 billion and EPS of $0. 25. Earnings of $52 million was up from a $163 million loss in the year-ago duration.


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housing market amidst the pandemic driven by low home loan rates and minimal supply of houses. Typical home list price were up 20% year-over-year for the week ending April 25, while days on market for sold houses struck record lows, according to the current information from Redfin. "Looking forward, our company believe the tailwinds we have been discussing from the Terrific Reshuffling and the offline-to-online technology migration, to favorable group patterns and bottled-up need for housing post-pandemic are supportive of housing in 2021 and over the long term," Zillow CEO Rich Barton composed in an investors letter.