Zillow (Z) and Opendoor (OPEN) Enter Multi-Year Partnership
FREE Breaking News Alerts from StreetInsider.com!
StreetInsider.com Top Tickers, 6/23/2026
- S&P 500, Nasdaq close lower, dragged by Alphabet and megacap tech; focus on Iran
- Oil settles down more 3% after US-Iran talks signal easing supply risks
- Micron surges 5.5% on blockbuster Anthropic AI deal ahead of earnings
- Alan Greenspan, influential former Federal Reserve chair, dies at 100
- Buy gold stocks as valuations are cheap amid macro tension: BofA
- Exclusive-China robot-hand-building unicorn Linkerbot targets $6 billion valuation
- Spain's ex-transport minister sentenced to 24 years for corruption
- China, US, UAE police arrest 276 telecom fraud suspects in Dubai
- Li Auto Inc. (LI) Breaks Ground on Chips R&D and Production Base
- 'Equal and opposite': BTIG's Krinsky sees sharp reversal ahead for chip stocks
Zillow Group (ZG) Shares Tumble as Guidance Disappoints
August 5, 2022 9:54 AM EDTShares of Zillow Group (NASDAQ: ZG) (NASDAQ: Z) plunged 10% in early trading despite the company reporting earnings after the close Thursday that revealed revenue topped analyst estimates.
Zillow reported Q2 revenue of $1 billion versus the consensus estimate of $984.81 million. Net income was $8 million in Q2.
Furthermore, Zillow's Homes segment reported revenue of $505 million as the wind-down of its iBuying operations continued to progress faster than anticipated.
"Despite the challenges of the macroeconomic environment, we're making strides in key growth areas including financing, touring and... More
Opendoor (OPEN) Q2 Revenues Beat
August 4, 2022 4:22 PM EDTOpendoor (NASDAQ: OPEN) reported Q2 EPS of ($0.09), which may not compare to the analyst estimate of $0.03. Revenue for the quarter came in at $4.2 billion versus the consensus estimate of $4.19 billion.
GUIDANCE:
Opendoor sees Q3 2022 revenue of $2.2-2.6 billion.
For earnings history and earnings-related data on Opendoor (OPEN) click here.
... More