Scalper1 News
Shares of No. 1 online real estate website Zillow crumbled Thursday after the company’s revenue forecast fell short of analyst expectations. Late Wednesday, the Seattle-based Zillow (Z) guided Q4 revenue of $89 million to $90 million, up 53% at the midpoint year-over-year. But analysts polled by Thomson Reuters had expected $91.04 million. The company says that it expects less display advertising by financial institutions this quarter. Benchmark Scalper1 News
Scalper1 News