Zillow Group – Class A (ZG) Releases Earnings Results, Misses Expectations By $-0.67 EPS

Zillow Group – Class A (ZG) reported quarterly earnings results on Thursday, Aug-4-2016. The company reported $-0.71 earnings per share for the quarter, missing the analyst consensus estimate by $-0.67. Analysts had a consensus of $-0.04. The company posted revenue of $208.40 million in the period, compared to analysts expectations of $206.00 million. The company’s revenue was up 31.3% compared to the same quarter last year.

Many Wall Street Analysts have commented on Zillow Group – Class A. Company shares were Reiterated by Mizuho on Jun 7, 2016 to “Neutral”, Firm has raised the Price Target to $ 32 from a previous price target of $30 .Company shares were Upgraded by Barclays on Jun 7, 2016 to ” Equal Weight”, Firm has raised the Price Target to $ 32 from a previous price target of $20 .Mizuho Initiated Zillow Group – Class A on May 31, 2016 to “Neutral”, Price Target of the shares are set at $30.

Zillow Group - Class A

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