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Zillow Group Inc. (Z) on Tuesday reported a lack of $73 million in its fourth quarter.
On a per-share foundation, the Seattle-based firm stated it had a lack of 32 cents. Earnings, adjusted for inventory possibility expense and non-recurring prices, got here to twenty cents per share.
The outcomes surpassed Wall Avenue expectations. The common estimate of three analysts surveyed by Zacks Funding Analysis was for earnings of 12 cents per share.
The true property web site operator posted income of $474 million within the interval, which additionally beat Avenue forecasts. Seven analysts surveyed by Zacks anticipated $450.7 million.
For the 12 months, the corporate reported a lack of $158 million, or 68 cents per share. Income was reported as $1.95 billion.
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This story was generated by Automated Insights (http://automatedinsights.com/ap) utilizing information from Zacks Funding Analysis. Entry a Zacks inventory report on Z at https://www.zacks.com/ap/Z
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