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Zillow Q1 Earnings Beat, Q2 Guidance Below Estimates, Shares Fall

2025-05-08 8 Dailymotion

Zillow Group reported first-quarter revenue of $598 million, beating analyst estimates of $586.54 million, according to Benzinga. Adjusted earnings per share came in at 41 cents, above the expected 38 cents. The company's first-quarter revenue rose 13% year-over-year, outpacing the growth in total transaction value across the residential real estate industry. CEO Jeremy Wacksman said the company's strong first-quarter results exceeded expectations and confirmed it is on track to achieve its 2025 goals and sustain profitable growth. Zillow expects second-quarter revenue to be in the range of $635 million to $650 million versus estimates of $650.96 million, per Benzinga Pro.