Zillow Group (ZG) Issues Q1, FY Revenue Outlook Above the Street

In addition to announcing an expansion of Instant Offers to Phoenix, Zillow Group, Inc. (NASDAQ: ZG) (NASDAQ: Z) said it sees Q1 revenue of $299-$301 million (*** consensus is $294.8 million) and adj-EBITDA of $45-$47 million. The company sees fy 2018 revenue of $1.43-$1.58 billion (*** consensus is $1.31 billion) and adj-EBITDA of $260-$285 million.

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