JOURNAL ARTICLE

Zillow Profit View Misses on Cool Housing Market, Legal Costs.

  • Published In: Bloomberg.com, 2026. P. N.PAG 1 of 3

  • Database: Business Source Ultimate 2 of 3

  • Authored By: Forgash, Emily 3 of 3

Abstract

The article focuses on Zillow Group Inc.'s forecast for first-quarter profits, which are expected to fall short of analyst estimates due to ongoing legal costs and expenses related to its partnership with Redfin. The Seattle-based company anticipates adjusted earnings before interest, taxes, depreciation, and amortization (EBITDA) of $167.5 million, below the expected $182.7 million, leading to an 8.6% drop in shares during postmarket trading. The article highlights challenges in the US housing market, including fewer home sales and high prices, as well as legal issues, such as lawsuits questioning Zillow's market dominance and a Federal Trade Commission lawsuit regarding a deal with Redfin. CEO Jeremy Wacksman notes that while there are signs of marginal improvements in the housing market, significant challenges remain. [Extracted from the article]

Additional Information

  • Source:Bloomberg.com. 2026/02, pN.PAG
  • Document Type:Article
  • Subject Area:Business and Management
  • Publication Date:2026
  • Accession Number:191488955
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