Earnings

Zillow (ZG) earnings Q4 2022

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Shares of Zillow popped more than 3% Wednesday in extended trading after the company released fourth-quarter earnings that beat analysts’ expectations on top and bottom lines.

Here’s how the company did:

  • Earnings per share: 21 cents adjusted vs. 7 cents expected by analysts, according to Refinitiv
  • Revenue: $435 million vs. $415 million expected by analysts, according to Rfinitiv

The digital real estate company reported a consolidated net loss of $72 million for the quarter, and consolidated adjusted EBITDA of $73 million for the same period.

The company’s Internet, Media and Technology segment’s revenue came in at $417 million, a decline of 14% year over…



Source cnbc.com

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