Zillow Seen Swinging To Loss As Revenue Growth Slows

By | May 6, 2014

Scalper1 News

Real estate website Zillow (Z) is expected to swing to a loss when it reports first-quarter results late Wednesday. Wall Street expects a per-share loss excluding items of 8 cents vs. EPS of 1 cent in the year-earlier period, according to analysts polled by Thomson Reuters. Sales are seen growing 62% to $63.2 million, marking the slowest quarterly growth in at least four years for the Seattle-based company. Sales climbed 70% in Q4; 67% in Q3; and Scalper1 News

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