Zillow stock jumps after earnings show sales more than doubling

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Zillow stock jumps after earnings show sales more than doubling
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Zillow Group Inc. shares gained more than 10% in after-hours trading Thursday after the online real-estate company reported that sales more than doubled from...

Zillow Group Inc. Z, -0.56% shares gained more than 10% in after-hours trading Thursday after the online real-estate company reported that sales more than doubled from the year before in the most recent quarter thanks to the company's push to buy and sell homes. Zillow reported a loss of $64.6 million, or 31 cents a share, on sales of $745.2 million, up from $343.1 million a year ago. Analysts on average expected a loss of 43 cents a share on sales of $718 million, according to FactSet.

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