Zillow Earnings More Than Double, But Outlook Mixed

By | February 12, 2014

Scalper1 News

Zillow stormed past Wall Street forecasts for Q4 late Wednesday, but the real estate data company added fewer paid subscriptions and guided Q1 profitability below ex pectations. Seattle-based Zillow (Z) said per-share earnings excluding items more than doubled to 19 cents vs. 8 cents a year earlier. Revenue rose 70% to $58.3 million. Analysts had expected EPS ex items to slip to 7 cents on sales of $54.4 million, according to Scalper1 News

Scalper1 News