Zillow Group, Inc. (Z) Q3 2024 Earnings Breakdown
Description
Key Highlights:
Total revenue increased 17% year-over-year to $581 million.
Residential revenue increased 12% driven by growth in Premier Agent revenue.
Mortgages revenue increased 63% fueled by a 79% surge in total loan origination volume, primarily due to the growth in Zillow Home Loans purchase loan originations.
Net loss was $20 million, while Adjusted EBITDA was $127 million, reflecting a 19% increase year-over-year.
Key Highlights:
Solid Execution: Deere achieved strong results across the business cycle by adjusting operations to align with the current environment.
Earnings Decline: Net income for 4Q 2024 was $1.245 billion, down 47% from $2.369 billion in 4Q 2023. Full-year net income was $7.100 billion,...
Published 11/23/24
Key Highlights:
Revenue Growth: Total net revenue increased to $3.283 billion, up from $2.978 billion in the same period of the prior year. This was primarily driven by growth in service revenue, particularly from QuickBooks Online Accounting and Online Services.
"Revenue for our Credit Karma...
Published 11/23/24