Zillow Group Sets New Traffic and Revenue Records
Zillow Group Inc. (NASDAQ: Z) (NASDAQ: ZG) released better-than-expected second-quarter 2017 results on Tuesday after the market closed, marking new all-time highs for both revenue and visits to the online real estate company's consumer-facing brands. Zillow also increased the bottom ends of its full-year guidance for revenue and adjusted EBITDA.
But with shares down in after-hours trading as of this writing on seemingly conservative guidance, Zillow's relative outperformance wasn't enough to appease the market. So let's take a closer look at what Zillow accomplished over the past few months, as well as what to expect from the company.
Image source: Getty Images.
Source: Fool.com
Zillow Group Inc Stock
€48.27
5.350%
With 0 Sell predictions and 1 Buy predictions the community sentiment towards the Zillow Group Inc stock is not clear.
With a target price of 60 € there is a positive potential of 24.3% for Zillow Group Inc compared to the current price of 48.27 €.
