For the send quarter Zillow reported a loss of -5 cents a share, missing the Capital IQ Consensus Estimate of a loss of -4 cents a share by 1 cent. Revenue grew 67.7% from the year-ago quarter to $78.7 million. Analysts expected revenue of $76.52 million for the quarter.
Looking to the full year 2014 Zillow now expects revenue of $321 million to $323 million, up from its previous range of $304 million to $308 million.
Must read: Warren Buffett's 25 Favorite StocksSTOCKS TO BUY: TheStreet Quant Ratings has identified a handful of stocks that can potentially TRIPLE in the next 12 months. Learn more. TheStreet Ratings team rates ZILLOW INC as a Hold with a ratings score of C. TheStreet Ratings Team has this to say about their recommendation: "We rate ZILLOW INC (Z) a HOLD. The primary factors that have impacted our rating are mixed -- some indicating strength, some showing weaknesses, with little evidence to justify the expectation of either a positive or negative performance for this stock relative to most other stocks. The company's strengths can be seen in multiple areas, such as its robust revenue growth, largely solid financial position with reasonable debt levels by most measures and solid stock price performance. However, as a counter to these strengths, we also find weaknesses including deteriorating net income, disappointing return on equity and feeble growth in the company's earnings per share." Z data by YCharts STOCKS TO BUY: TheStreet Quant Ratings has identified a handful of stocks that can potentially TRIPLE in the next 12 months. Learn more.
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