Zillow Group, Inc. (ZG) Tops Q3 Revenues Beat

Zillow Group, Inc. (NASDAQ: ZG) reported Q3 revenue of $745.2 million versus the consensus estimate of $717.38 million.

"Our third quarter results were strong, demonstrating that Zillow Group's business model expansion to mechanize real estate transactions is gaining traction as consumer demand reveals people want a better, simpler way to buy, sell, rent and finance homes," said Zillow co-founder and CEO Rich Barton. "Our core Premier Agent business is strong, with record revenue that exceeded our outlook. The profitability of our Premier Agent business is foundational to Zillow\'s success and is the reason we are able to expand Zillow Offers with such confidence and speed. This quarter\'s results illuminate how Zillow Group is in the most favorable position to lead Real Estate 2.0."

For earnings history and earnings-related data on Zillow Group, Inc. (ZG) click here.

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