Zillow Earnings Outlook Light; Analysts Raise Targets

By | February 13, 2014

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Earnings at real estate website Zillow (Z) swelled in Q4 on better-than-expected revenue, spurring price target increases on Wall Street. But the stock slipped Thursday as Zillow’s profit outlook missed analyst consensus. Zillow sees current-quarter EBITDA — or earnings before interest, taxes, depreciation and amortization — at $4 million to $4.5 million, CFO Chad Cohen told analysts on a conference call late Wednesday. Wall Street’s EBITDA Scalper1 News

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