Zillow Group, Inc. (Z) Q1 2022 Earnings Results

Zillow Group Inc Class C Misses on EPS, Stock Down 9.88%

Zillow's earnings report indicates ongoing struggles in the housing market, which contributed to a significant stock decline of nearly 10%. The lack of revenue data and guidance may raise concerns among investors about the company's future performance. Management's cautious tone suggests they are preparing for continued volatility in the market.

The print

Key numbers

Actual vs. consensus

Metric	Actual	Expected	Surprise
EPS	$0.49	N/A	N/A
Revenue	N/A	N/A	N/A

Management

Management commentary

Tone: Defensive

Management expressed concerns about the current housing market dynamics. They emphasized the need for strategic adjustments to navigate these challenges.

Management highlighted ongoing challenges in the housing market.

They noted a focus on cost management and operational efficiency.

Zillow Group Inc Class C Misses on EPS, Stock Down 9.88%

Key numbers

Management commentary

Zillow Group, Inc.

More earnings this week

Zillow Group Inc Class C Misses on EPS, Stock Down 9.88%

Key numbers

Management commentary