ZG Stock Recent News

Tulloss oversees Zillow's agent sales team, which provides real estate agents advertising and software solutions to power their businesses SEATTLE , Aug. 22, 2024 /PRNewswire/ -- Zillow Group, Inc. (Nasdaq: Z and ZG), which is transforming the way people buy, sell, rent and finance homes, today announced Soumya Tulloss has joined as senior vice president of agent sales, doubling down on the Company's commitment to help real estate agents power their business with Zillow.  Zillow Group's purpose is to make home a reality for more and more people.

Zillow Group stock remains buy-rated with a brighter growth outlook due to improving macro backdrop and solid execution in enhanced markets and top-of-funnel awareness. 2Q24 results exceeded expectations with revenue of $572 million and total adj EBITDA of $134 million, driven by strong performance in the residential, mortgage, and rental segments. ZG's growth catalysts of penetrating enhanced markets and expanding rentals continue to play out well, with solid revenue growth and market leadership position.

Disrupting real estate is no small task, but Zillow has the strategy to get it done.

Shares of Zillow (Z) have begun to rise as the company posted its latest quarterly results, beating analyst estimates on both the top and bottom line while also naming a new CEO, Jeremy Waxman, who previously served as the company's COO. Zillow Group CEO Jeremy Wacksman joins Market Domination to give insight into his new position and what lies ahead for the company.

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The online real estate leader beat top-line estimates in its second-quarter report. The company made more progress to GAAP profitability.

Zillow (NASDAQ:Z) shares surged almost 20% on Thursday as the real estate marketplace posted better-than-expected financial results for the second quarter and unveiled its new chief executive. Chief operating officer Jeremy Wacksman has been promoted to CEO and been appointed to the company's board of directors, the company said.

Zillow's (ZG) second-quarter 2024 results benefit from healthy growth in residential and rental segments.

Zillow Group CEO Jeremy Wacksman joins ‘Squawk on the Street' to discuss whether the company can continue to outpace the residential real estate industry, what a housing super-app does, and why now was the time for a leadership change.

Zillow Group CEO Jeremy Wacksman joins ‘Squawk on the Street' to discuss whether the company can continue to outpace the residential real estate industry, what a housing super-app does, and why now was the time for a leadership change.