Zillow Group Inc operates as a prominent online real estate marketplace that connects buyers, sellers, and renters with a vast array of property listings and related services
The company offers a range of tools and resources, including home valuation estimates, browsing options for residential properties, and a platform for real estate professionals to manage their listings effectively. Zillow aims to simplify the real estate process by providing comprehensive information and innovative technology to empower consumers to make informed decisions regarding buying, selling, and renting homes. Additionally, the company has expanded its services to include home financing options and a unique platform for home renovations and improvement services.
Rocket Companies announces it will acquire Redfin in a $1.75 billion deal to bring homebuyers an end-to-end, online real estate solution from browsing listings to securing a mortgage.
Real estate brokerage and services firm Marcus & Millichap (NYSEMMI)
will be announcing earnings results tomorrow before market hours. Here’s what to expect.
Shares of online real estate marketplace Zillow (NASDAQZG)
fell 14.9% in the morning session after the company reported disappointing fourth-quarter quarterly results as it provided quarterly guidance for sales and EBITDA below Wall Street's expectations.
Online real estate marketplace Zillow (NASDAQZG) reported Q4 CY2024 results exceeding the market’s revenue expectations, with sales up 16.9% year on year to $554 million. On the other hand, next quarter’s revenue guidance of $582.5 million was less impressive, coming in 2.9% below analysts’ estimates. Its non-GAAP profit of $0.27 per share was in line with analysts’ consensus estimates.
What has Wall Street been buzzing about this week? Here is a look at the top 5 buy calls and the top 5 sell calls made by Wall Street's best analysts during the trading week of Feb. 3-7, 2025.
