Online real-estate business predicts ‘a step up in purchase activity and accelerated investments to build scale’ in its Zillow Offers house-flipping initiative, which leads to a beat in its revenue forecast but concerns about profit
  • MarketWatch
  • Aug 06, 2021

Zillow predicts its first $2 billion quarter and blows away earnings expectations, but stock sinks - MarketWatch

Zillow Group Inc. on Thursday forecast large growth in its newer home-flipping business and its first $2 billion quarter of sales, but the costs of that effort seem to be cutting into profit and hurt… [+4215 chars]

More In business