HomeBusinessHousingZillow (ZG) Earnings: Solid 3Q Beat, Weak 4Q Guidance
Zillow (ZG) Earnings: Solid 3Q Beat, Weak 4Q Guidance

Sellers are acting like it's 2021, buyers are acting like it's 2008, the market is frozen, says Erin Sykes. She and Chris Wang discuss Zillow Group's (ZG) earnings. Erin notes that Zillow is suffering from a quarterly loss for the first time this year. Chris says that there are serious headwinds with 7% mortgage rates and low inventory, and Zillow had a solid 3Q beat, but guidance for 4Q seems week. Tune in to find out more about the housing market and the stock market today.

Trading 360

03 Nov 2022

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