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Preview: Zillow Group's Earnings

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Benzinga Insights
·2 min read
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On Wednesday, February 10, Zillow Group (NASDAQ:ZG) will release its latest earnings report. Benzinga's report can help you figure out the ins and outs of the earnings release.

What Are Earnings, Net Income, And Earnings Per Share?

Earnings and EPS are useful metrics of profitability. Total earnings also known as net income is equal to total revenue minus total expenses. Dividing net income by the total number of shares outstanding yields EPS.

Earnings And Revenue

Zillow Group EPS will likely be near $0.27 while revenue will be around $740.98 million, according to analysts. Zillow Group's loss in the same period a year ago was $0.26 per share. Quarterly sales came in at $943.95 million.

What Are Analyst Estimates And Earnings Surprises, And Why Do They Matter?

Wall Street analysts who study this company will publish analyst estimates of revenue and EPS. The averages of all analyst EPS and revenue estimates are called the "consensus estimates"; these consensus estimates can have a significant effect on a company's performance during an earnings release. When a company posts earnings or revenue above or below a consensus estimate, it has posted an "earnings surprise", which can really move a stock depending on the difference between actual and estimated values.

View more earnings on ZG

The Wall Street consensus estimate for earnings would represent a 203.85% increase for the company. Sales would be down 21.5% on a year-over-year basis. Here is how the company's reported EPS has stacked up against analyst estimates in the past:

EPS Estimate

0.11

-0.48

-0.34

-0.35

EPS Actual

0.37

-0.41

-0.25

-0.26

Revenue Estimate

572.22 M

619.42 M

1.05 B

815.01 M

Revenue Actual

656.69 M

768.35 M

1.13 B

943.95 M

Stock Performance

Shares of Zillow Group were trading at $169.08 as of February 08. Over the last 52-week period, shares are up 233.34%. Given that these returns are generally positive, long-term shareholders should be content going into this earnings release.

Do not be surprised to see the stock move on comments made during its conference call. Zillow Group is scheduled to hold the call at 17:00:00 ET and can be accessed here.

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