Zillow shares drop after Q4 earnings miss estimates

Zillow

12/02/2025 16:18

** Zillow Group  ZG.O  drops ~14% to $72.27 after online
home-listings firm reported adjusted earnings that missed
analyst estimates
    ** ZG is on track for the second straight session of losses
as well as the biggest daily pct drop since Nov 2021
    ** After the closing bell on Tues, Co reported adj EPS of 27
cents, slightly lower than the average analyst estimate of 29
cents; but revenue rose ~17% to $554 mln, beating the Wall
Street estimate of $545.30 mln, per LSEG data
    ** ZG also reported a GAAP loss of $52 mln, narrower than
$73 mln reported a year ago
    ** Following the result, Deutsche Bank cut its PT on ZG to
$92 from $95 although Bank of America Global Research raised
their PT to $84 from $81 while Benchmark raised their PT to $110
from $100
    ** Among 28 analysts covering ZG, avg rating is "BUY" and
their median PT is $90, up from $78.60 a month ago, per LSEG
data
    ** ZG is up ~3% YTD versus ~25% gain in 2024
    
    

 (Reporting by Chibuike Oguh in New York)
 ((Chibuike.Oguh@thomsonreuters.com; +332-219-1834; Reuters
Messaging: chibuike.oguh.thomsonreuters.com@reuters.net))