Finance3 sources
Zillow Reports Weak Earnings, Shares Fall
- Zillow reported weaker-than-expected results for the quarter.
- Adjusted earnings for the next quarter are expected to be the lowest in three years.
- Despite raising its full-year outlook, Expedia's shares are dropping.
- The midpoint of Expedia's fourth-quarter gross bookings forecast is below analyst expectations.
- Zillow's stock could potentially rebound according to Barron's analysis.