From Barchart: 2025-02-11 17:28:31

Zillow (NASDAQ:ZG) exceeded Q4 CY2024 revenue expectations, with sales up 16.9% to $554 million. However, next quarter’s revenue guidance of $582.5 million was 2.9% below estimates. Non-GAAP profit was $0.27 per share, in line with expectations. Zillow’s long-term sales growth has been weak, with revenue declining by 4% annually over the last five years. The company reported a 16.9% year-on-year revenue growth this quarter, beating estimates by 1.2%. Analysts expect a 14.3% revenue growth over the next 12 months. Zillow’s free cash flow margin was 15.9% in Q4, showing decent cash profitability. The stock traded down 6.1% following the results.



Read more at Barchart: Beats On Revenue But Stock Drops