Zillow Group, Inc. (Z) Q3 2022 Earnings Results

Zillow Group Inc Class C Misses on EPS — Stock Down 4.78%

Zillow's earnings report indicates ongoing challenges, particularly reflected in the negative EPS. The stock fell 4.78% following the announcement, likely due to investor concerns about profitability and market conditions. The lack of revenue data and guidance may add to uncertainty among investors.

The print

Key numbers

Actual vs. consensus

Metric	Actual	Expected	Surprise
EPS	$-0.21	N/A	N/A
Revenue	N/A	N/A	N/A

Management

Management commentary

Tone: Cautiously Optimistic

Management expressed awareness of the difficult market conditions but remains focused on strategic initiatives. They did not provide specific guidance for future quarters.

Management acknowledged the challenges in the current market environment.

They emphasized a focus on long-term strategies despite short-term pressures.

Zillow Group Inc Class C Misses on EPS — Stock Down 4.78%

Key numbers

Management commentary

Zillow Group, Inc.

More earnings this week

Zillow Group Inc Class C Misses on EPS — Stock Down 4.78%

Key numbers

Management commentary