Zillow Group Reports Second Quarter 2019 Financial Results

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Zillow Group, Inc. (ZG) Trades at Low, Down 18%

August 8, 2019 9:42 AM EDT

Zillow Group, Inc. (NASDAQ: ZG) Trades at Low, Down 18%

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Zillow Group, Inc. (ZG) Reports Q2 Revenues Above Consensus

August 7, 2019 4:11 PM EDT

Zillow Group, Inc. (NASDAQ: ZG) reported Q2 revenue for the quarter came in at $599.6 million versus the consensus estimate of $584.86 million.

Our second quarter results reflect the momentum we are seeing across our businesses, said Rich Barton, co-founder and CEO of Zillow Group, Inc. The demand signal for Zillow Offers is incredibly impressive as seen in the annualized revenue run rate going from zero to $1 billion in just a year1. Our Premier Agent business is performing well, and our partnerships... More