Zillow Group Stock Price Declines Following 2025 Guidance
Zillow Group’s stock price has decreased following the company’s release of guidance for 2025. The guidance fell short of market expectations.
Fourth Quarter 2024 Performance
In the fourth quarter of 2024, Zillow Group reported a 17% year-over-year increase in revenue. This represents a strong performance for the company.
2025 Guidance
Zillow Group’s guidance for the first quarter of 2025 is below consensus estimates. The company expects revenue and adjusted earnings before interest, taxes, depreciation, and amortization (EBITDA) to fall short of analyst estimates.
Partnership with Redfin
Zillow Group has a partnership with Redfin, which will make Zillow the exclusive provider of multifamily rental listings on Redfin’s sites. The impact of this partnership on the company’s performance is uncertain.
Key Statistics
- Revenue increase in Q4 2024: 17% year-over-year
- Expected revenue and EBITDA for Q1 2025: below consensus estimates