ZG - Zillow Group: Multiple Growth Catalysts But Slowdown In Residential Is A Concern
2024-05-18 04:58:48 ET
Summary
- Zillow Group's 1Q24 earnings beat estimates, with revenue growing 13% to $529 million.
- The company has three major growth catalysts: agent solutions, expansion into new markets, and a strong Rentals segment.
- The potential slowdown in the Residential segment is a concern, but Zillow Group still has attractive upside potential.