JOURNAL ARTICLE

Zillow Shares Drop As Profit Outlook Miss Overshadows Upbeat 1Q.

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

  • Database: Business Source Ultimate 2 of 3

  • Authored By: Lagrou, Judy 3 of 3

Abstract

The article focuses on Zillow Group Inc.'s financial performance and outlook, highlighting a decline in its stock following a second-quarter profit forecast that fell short of Wall Street expectations. While the Seattle-based online real estate marketplace reported strong first-quarter revenue growth of 18% year-over-year to $708 million and exceeded estimates in rentals and mortgage revenue, its adjusted earnings before interest, taxes, depreciation, and amortization (EBITDA) forecast for the second quarter missed analyst estimates. The mixed results reflect broader uncertainties in the U.S. real estate market, influenced by factors such as rising mortgage rates and material costs. Despite these challenges, Zillow's leadership emphasized a commitment to growth regardless of market conditions. [Extracted from the article]

Additional Information

  • Source:Bloomberg.com. 2026/05, pN.PAG
  • Document Type:Article
  • Subject Area:Business and Management
  • Publication Date:2026
  • Accession Number:193537706
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