Zillow Group, Inc. (Z) shares are showing momentum at Friday morning trade as the real estate company recorded a swing to a profit in the post-pandemic third quarter.
The company reported third-quarter net profit of $39,57 million, compared to loss of $64.65 million in the previous year.
Total revenues for the quarter declined 12 percent to $656.69 million from $745.21 million last year.
Currently, Z is gaining 12.29 percent at $116.61, compared to its previous close of $103.85.
For comments and feedback contact: editorial@rttnews.com
Business News
June 12, 2026 17:14 ET Major central bank action was the focus this week in economic news. The European Central Bank became the first major central bank to move in response to the rising inflationary pressures in the backdrop of the conflict in the Middle East. In North America, the U.S. inflation and trade data as well as Canada’s central bank decision gained attention. The Chinese trade data was the main news in Asia.