Zillow Group C Surges to 407th in Trading Volume with $243 Million in Shares Exchanged

On May 7, 2025, Zillow Group C(Z) saw a significant surge in trading volume, with a total of $243 million in shares exchanged, marking a 63.65% increase from the previous day. This surge placed Zillow at the 407th position in terms of trading volume for the day. The stock price also rose by 1.03%.

Zillow Group reported its first-quarter 2025 financial results, highlighting a strong performance across various revenue streams. For Sale revenue increased by 8% year over year, reaching $458 million. Additionally, Rentals revenue saw a substantial boost, rising by 33%.

In the first quarter, Zillow exceeded analyst expectations on both the top and bottom lines. The company's revenue for the quarter was $598 million, a 13% increase from the same period last year. This figure surpassed the midpoint of the company's outlook range by $15 million.

Zillow's first-quarter earnings also marked a significant milestone, as the company reported a profit of $8 million, its first since the second quarter of 2022. This is a notable turnaround from the $23 million loss reported in the same period last year.

Looking ahead, Zillow expects second-quarter revenue to be in the range of $635 million to $650 million. The company's EBITDA outlook for the first quarter of 2025 is projected to be between $125 million and $140 million, with a 23% margin at the midpoint.