Zillow Group (ZG) to Release Quarterly Earnings on Monday

Zillow Group (NASDAQ:ZG) is scheduled to announce its earnings results after the market closes on Monday, February 5th.

Zillow Group (NASDAQ:ZG) last announced its earnings results on Tuesday, November 7th. The technology company reported $0.19 earnings per share (EPS) for the quarter, beating the Zacks’ consensus estimate of $0.17 by $0.02. The firm had revenue of $282.00 million during the quarter, compared to analyst estimates of $276.57 million. Zillow Group had a negative net margin of 3.99% and a negative return on equity of 0.25%. Zillow Group’s revenue was up 25.6% compared to the same quarter last year. During the same quarter in the prior year, the firm posted $0.17 EPS. On average, analysts expect Zillow Group to post $0 EPS for the current fiscal year and $0 EPS for the next fiscal year.

Zillow Group (ZG) opened at $44.56 on Friday. The stock has a market cap of $8,516.37, a PE ratio of -193.74 and a beta of 1.27. The company has a debt-to-equity ratio of 0.14, a current ratio of 6.44 and a quick ratio of 6.44. Zillow Group has a 12-month low of $32.63 and a 12-month high of $50.91.

A number of equities analysts recently issued reports on ZG shares. Canaccord Genuity reiterated a “buy” rating and issued a $52.00 target price on shares of Zillow Group in a research report on Wednesday, November 8th. Barclays raised their price objective on shares of Zillow Group from $44.00 to $46.00 and gave the company an “equal weight” rating in a research report on Wednesday, November 8th. Stifel Nicolaus assumed coverage on shares of Zillow Group in a research report on Thursday, January 18th. They set a “hold” rating and a $38.00 price objective for the company. JMP Securities raised their price objective on shares of Zillow Group from $55.00 to $56.00 and gave the company a “market perform” rating in a research report on Wednesday, November 8th. Finally, Royal Bank of Canada raised their price objective on shares of Zillow Group from $49.00 to $51.00 and gave the company an “outperform” rating in a research report on Wednesday, November 8th. One analyst has rated the stock with a sell rating, nine have assigned a hold rating and nine have assigned a buy rating to the stock. Zillow Group presently has an average rating of “Hold” and a consensus target price of $46.86.

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About Zillow Group

Zillow Group, Inc operates real estate and home-related information marketplaces on mobile and the Web in the United States. The company offers a portfolio of brands and products to enable people find information about homes and connect with local professionals. Its brands focus on various stages of the home lifecycle, including renting, buying, selling, and financing.

Earnings History for Zillow Group (NASDAQ:ZG)

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