Zillow Group, Inc. (ZG) Q1 2020 Earnings Results

Zillow Group Inc A Beats on EPS, Stock Up 12.28%

Zillow's better-than-expected EPS indicates that the company is managing its costs effectively during a challenging economic period. The stock's 12.28% increase reflects investor optimism about the company's resilience and long-term strategy. However, the lack of revenue data and guidance may leave some investors cautious about future performance.

The print

Key numbers

Actual vs. consensus

Metric	Actual	Expected	Surprise
EPS	$-0.25	N/A	+58.19%
Revenue	N/A	N/A	N/A

Management

Management commentary

Tone: Cautiously Optimistic

Management expressed confidence in their long-term strategy while acknowledging the challenges posed by the current economic environment. They emphasized their commitment to customer value.

We are navigating through unprecedented times with a focus on our long-term strategy.

Our team remains committed to providing value to our customers despite current challenges.

Zillow Group Inc A Beats on EPS, Stock Up 12.28%

Key numbers

Management commentary

Zillow Group, Inc.

More earnings this week

Zillow Group Inc A Beats on EPS, Stock Up 12.28%

Key numbers

Management commentary