Categories Consumer, Earnings

Zillow Group (NASDAQ: Z, ZG) Q4 2019 Earnings Snapshot

— Zillow Group (NASDAQ: Z, ZG) reported fourth quarter 2019 GAAP loss of $101 million vs. a loss of $97.68 million in the prior-year quarter.

— Revenue jumped 158% year-over-year to $943.9 million vs. $810.94 million expected.

(Image Courtesy: Joshua Hanks/Unsplash)

— For the quarter ending March 30, 2020, Zillow expects revenue to be between $1.02 billion to $1.06 billion.

— Adjusted EBITDA is expected to be in the break-even range for FY20.

— For 1Q20, total IMT segment revenue is targeted to be between $324 million and $331 million for the first quarter 2020.

— Homes segment revenue in 1Q is touted to be $675 million to $700 million and Mortgages segment revenue is estimated to be $22 million to $25 million.

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