ZG - Will Zillow Beat Estimates Again in Its Next Earnings Report? | Benzinga
If you are looking for a stock that has a solid history of beating earnings estimates and is in a good position to maintain the trend in its next quarterly report, you should consider Zillow Group (NASDAQ: ZG). This company, which is in the Zacks Internet - Services industry, shows potential for another earnings beat.
When looking at the last two reports, this online real estate marketplace has recorded a strong streak of surpassing earnings estimates. The company has topped estimates by 61.90%, on average, in the last two quarters.
For the most recent quarter, Zillow was expected to post earnings of $0.12 per share, but it reported $0.20 per share instead, representing a surprise of 66.67%. For the previous quarter, the consensus estimate was $0.21 per share, while it actually produced $0.33 per share, a surprise of 57.14%.
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