NASDAQ$Z

Zillow Group Inc · Q4 2019 earnings

Q4 2019 earnings · · Investor relations

Briefing

Zillow Group's revenue increased driven by Zillow Offers and Premier Agent business.

Zillow Group's Q4 2019 consolidated revenue grew by 158% and annual revenue grew 106%, driven by expansion within the Homes segment and growth in Zillow Group’s Premier Agent business. The company reported record Q4 and full year results that beat their outlook.

  • Fourth quarter consolidated revenue grew 158% year over year to a record $943.9 million.
  • Premier Agent year-over-year revenue growth continued to accelerate in the fourth quarter.
  • Fourth quarter 2019 Homes segment revenue significantly outperformed expectations, delivering $603.2 million in revenue.
  • Traffic to Zillow Group mobile apps and websites reached nearly 173 million average monthly unique users, an increase of 10% year over year, driving 1.8 billion visits during the quarter.

Headline financials

Total Revenue

$944M

Previous: $365M+158.4%
EPS (adj)

-$0.26

Previous: $0.01-2700.0%
Capital Expenditures

$21.9M

No prior period
Free Cash Flow

$36.2M

No prior period
Net Income

-$101M

No prior period
Operating Income

-$102M

No prior period
Gross Profit

$334M

No prior period
Cash & Equivalents

$1.14B

No prior period
Total Assets

$6.13B

No prior period
Stock-Based Comp

$47M

No prior period

Revenue & EPS history

Zillow · Revenue · Quarterly

$944M

Q4 2019+158.4%vs Q4 2018
Beat estimate in 11 of 16 quarters(69%)
ActualEstimate

Revenue by segment

Zillow · $107M total across 3 segments · Q4 2019

  • Other Revenue
    $46.9M+4.8%
  • Rentals Revenue
    $39.2M+12.4%
  • Mortgages Revenue
    $21.1M-9.6%

Forward guidance

Complete financial results and 2020 outlook for the first quarter and full year can be found in our shareholder letter and in the investor relations section of Zillow Group’s website

Historical earnings impact

How earnings announcements have historically affected this stock's price.

Avg. return before/after earnings

Based on 20 quarterly earnings reports · overlaid with Q4 2019

Historical avgQ4 2019

+1.5%

Avg return

Earnings day

+0.1%

Avg return

5 days after

-0.8%

Avg return

30 days after

56%

24 / 43 earnings

Positive

+27.1%

Q4 2018

Best reaction

-32.6%

Q3 2021

Worst reaction

Earnings price reactions
QuarterReport dateReaction (Day 0)+5 days+30 days
Q1 2026-1.9%-11.0%-21.3%
Q4 2025-16.5%-20.6%-21.6%
Q3 2025+4.2%+1.8%+3.7%
Q1 2025+0.0%+3.6%+3.6%
Q4 2024-9.4%-7.4%-18.2%
Q3 2024+15.7%+20.7%+30.9%
Q2 2024+16.5%+20.3%+25.7%
Q1 2024-6.4%-2.0%-3.8%
Q4 2023+4.7%-1.2%-0.6%
Q3 2023-2.1%+2.4%+19.6%
Q2 2023-0.6%+1.2%-5.1%
Q1 2023+8.8%+12.7%+9.0%
Q4 2022+5.2%+0.8%-10.8%
Q3 2022+5.3%+8.8%+24.9%
Q2 2022-1.0%-3.2%-9.1%
Q1 2022-13.8%-17.4%-10.9%
Q4 2021+11.6%+31.2%-3.1%
Q3 2021-32.6%-32.0%-44.2%
Q2 2021-7.4%-8.6%-10.7%
Q1 2021-9.5%-5.7%-13.7%
Q4 2020+15.0%+17.2%-10.7%
Q3 2020+18.5%+0.4%+7.0%
Q2 2020+13.0%+6.7%+18.8%
Q1 2020+22.0%+13.3%+36.6%
Q4 2019+21.7%+14.2%-48.0%
Q3 2019+11.7%+12.5%+22.1%
Q2 2019-15.0%-25.2%-36.5%
Q1 2019+3.3%+5.9%+33.5%
Q4 2018+27.1%+21.0%+2.5%
Q3 2018-25.9%-25.2%-8.5%
Q2 2018-13.9%-14.9%-17.2%
Q1 2018+4.3%+3.9%+17.7%
Q4 2017+1.3%+0.4%+23.9%
Q3 2017+0.5%-3.1%+0.8%
Q2 2017-8.2%-13.7%-18.2%
Q1 2017+11.7%+8.4%+14.5%
Q4 2016-5.7%-6.0%-3.8%
Q3 2016+5.2%+3.3%+1.5%
Q2 2016-4.2%-7.4%-11.0%
Q1 2016+11.9%
Q4 2015+6.1%
Q3 2015-2.8%
Q2 2015-5.3%
Q1 2015
Q4 2014
Q3 2014
Q2 2014
Q1 2014
Q4 2013
Q3 2013
Q2 2013
Q1 2013
Q4 2012
Q3 2012
Q2 2012
Q1 2012
Q4 2011
Q3 2011
Q2 2011
Q1 2011
Q4 2010
Q3 2010
Q2 2010
Q1 2010

Discussion

Share your read of this quarter. Sign-in carries your eToro identity.

Join the conversation

Sign in with eToro to post your read of this quarter and vote on others'.

Sign in with eToro