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.