Zillow: Q1 Earnings Snapshot

SEATTLE (AP) _ Zillow Group Inc. (Z) on Tuesday reported first-quarter net income of $52 million, after reporting a loss in the same period a year earlier.

The Seattle-based company said it had profit of 20 cents per share. Earnings, adjusted for stock option expense and pretax expenses, were 44 cents per share.

The real estate website operator posted revenue of $1.22 billion in the period.

Zillow shares have dropped slightly more than 6% since the beginning of the year. In the final minutes of trading on Tuesday, shares hit $121.45, nearly tripling in the last 12 months.


This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on Z at https://www.zacks.com/ap/Z