U.S. markets open in 1 hour 37 minutes
  • S&P Futures

    3,676.25
    +11.75 (+0.32%)
     
  • Dow Futures

    30,057.00
    +125.00 (+0.42%)
     
  • Nasdaq Futures

    12,499.50
    +37.25 (+0.30%)
     
  • Russell 2000 Futures

    1,859.10
    +11.90 (+0.64%)
     
  • Crude Oil

    46.09
    +0.45 (+0.99%)
     
  • Gold

    1,845.40
    +4.30 (+0.23%)
     
  • Silver

    24.36
    +0.22 (+0.92%)
     
  • EUR/USD

    1.2164
    +0.0015 (+0.12%)
     
  • 10-Yr Bond

    0.9200
    0.0000 (0.00%)
     
  • Vix

    21.09
    -0.08 (-0.38%)
     
  • GBP/USD

    1.3470
    +0.0017 (+0.13%)
     
  • USD/JPY

    103.9750
    +0.1150 (+0.11%)
     
  • BTC-USD

    18,963.93
    -293.65 (-1.52%)
     
  • CMC Crypto 200

    372.23
    -2.18 (-0.58%)
     
  • FTSE 100

    6,544.18
    +53.91 (+0.83%)
     
  • Nikkei 225

    26,751.24
    -58.13 (-0.22%)
     

Zillow: 3Q Earnings Snapshot

·1 min read

SEATTLE (AP) _ Zillow Group Inc. (ZG) on Thursday reported third-quarter net income of $39.6 million, after reporting a loss in the same period a year earlier.

The Seattle-based company said it had net income of 16 cents per share. Earnings, adjusted for stock option expense, came to 37 cents per share.

The results exceeded Wall Street expectations. The average estimate of five analysts surveyed by Zacks Investment Research was for earnings of 15 cents per share.

The online real estate marketplace posted revenue of $656.7 million in the period, also surpassing Street forecasts. Eight analysts surveyed by Zacks expected $569.6 million.

Zillow shares have more than doubled since the beginning of the year.

_____

This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on ZG at https://www.zacks.com/ap/ZG