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[-]  06-11-18 22:17

Zillow Group shares dip 20% after Q3 earnings; company reveals revenue from new home-buying business; hires CFO from Amazon
Zillow Group for the first time revealed revenue from its new home-buying and selling business as part of its third quarter earnings report. The Seattle-based company just missed analyst expectations with $343 million in revenue last quarter, up 22 percent year-over-year, and posted non-GAAP earnings per share of $0.18. Wall Street expected EPS of $0.17 on revenue of $344 million. Shares were down more than 21 percent in after-hours trading, which was halted briefly because Zillow’s fourth...

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