StockNews.AI
Z
WSJ
188 days

Zillow’s Rentals Business Buoys Prospects, Even as Outlook Hits Shares - WSJ

1. Zillow's Q1 revenue forecast is below Wall Street expectations. 2. Rentals segment revenue grew 25%, reaching $116 million last quarter. 3. Zillow is now exclusive provider of multifamily rental listings on Redfin. 4. Analysts see Zillow Rentals reaching billion-dollar revenue potential. 5. Recent market volatility and inflation impacted investor sentiment.

5m saved
Insight
Article

FAQ

Why Bearish?

Revenue forecast missed expectations, which can negatively affect stock prices.

How important is it?

Key developments in Zillow's rental business influence overall market perceptions.

Why Short Term?

Immediate impact due to current earnings guidance; longer-term outlook appears more positive.

Related Companies

Related News