Zillow: 2Q Earnings Snapshot

August 6, 2018

SEATTLE (AP) _ Zillow Group Inc. (Z) on Monday reported a loss of $3.1 million in its second quarter.

The Seattle-based company said it had a loss of 2 cents per share. Earnings, adjusted for one-time gains and costs, were 13 cents per share.

The real estate website operator posted revenue of $325.2 million in the period.

For the current quarter ending in October, Zillow said it expects revenue in the range of $337 million to $347 million.

The company expects full-year revenue in the range of $1.32 billion to $1.35 billion.

Zillow shares have climbed 42 percent since the beginning of the year. In the final minutes of trading on Monday, shares hit $58.15, a climb of 29 percent in the last 12 months.


This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on Z at https://www.zacks.com/ap/Z

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