SPY336.84+0.01 0.00%
DIA279.80+0.38 0.14%
IXIC11,019.30-23.20 -0.21%

UPDATE: Barclays On Zillow Also Notes Some Items To Monitor Include:

‘Gross margin on the homes business declined by 27bps Q/Q largely due to higher renovation costs. ZG's Homes revenue guide of $490m for 4Q is only up 27% Q/Q at the high-end and implies less than 1.6 k homes

Benzinga · -

‘Gross margin on the homes business declined by 27bps Q/Q largely due to higher renovation costs. ZG's Homes revenue guide of $490m for 4Q is only up 27% Q/Q at the high-end and implies less than 1.6 k homes sold at current ASP, vs. 2.8k homes in its inventory at the end of 3Q.'