Zillow Group Inc. late Wednesday posted quarterly results that were above analyst expectations, but the stock fell 4% as investors zeroed in on the real-estate company’s weaker revenue outlook for the current quarter.
“We have strong momentum across the board,” co-founder and Chief Executive Rich Barton said in a statement. That compares with previous guidance for revenue between $458 million and $486 million. The analysts surveyed by FactSet expect revenue of $457 million for the fourth quarter. The litigation likely will be tied up in court for years, Zillow said in the letter. Zillow, which is not a party to the several lawsuit touching upon the same issues, expects “industry changes” from the legal actions and is likely to benefit, it said.
เราได้สรุปข่าวนี้มาให้อ่านอย่างรวดเร็ว หากสนใจข่าว สามารถอ่านฉบับเต็มได้ที่นี่ อ่านเพิ่มเติม:
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Why Zillow, Redfin and other real-estate stocks tanked after a jury rulingRecent ruling could hurt the buyer-agent business and alter fee conventions, analysts say
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Stock market today: Asian shares trade mixed as investors look ahead to economic dataAsian shares are trading mixed as investors look ahead to a week that could see more swings in financial markets, including key reports on U.S. consumer confidence and the job market. On Tuesday, shares fell in Seoul, Hong Kong and Shanghai, while gaining in Tokyo and Sydney.
แหล่ง: AP - 🏆 728. / 51 อ่านเพิ่มเติม »
Stock market today: Asian shares trade mixed as investors look ahead to economic dataAsian shares are trading mixed as investors look ahead to a week that could see more swings in financial markets, including key reports on U.S. consumer confidence and the job market.
แหล่ง: wjxt4 - 🏆 246. / 63 อ่านเพิ่มเติม »
Stock market today: Asian shares trade mixed as investors look ahead to economic dataAsian shares are trading mixed as investors look ahead to a week that could see more swings in financial markets, including key reports on U.S. consumer confidence and the job market.
แหล่ง: ksatnews - 🏆 442. / 53 อ่านเพิ่มเติม »