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Zillow's First Quarter Performance: A Closer Look

Zillow, a prominent name in the real estate market, recently reported a larger-than-expected loss for its first quarter, yet managed to raise its guidance. This combination of factors has resulted in a nearly 10% increase in the stock price this week, signaling market optimism about Zillow’s future.

Revenue Growth as a Core Focus

At this point in its development, Zillow is perceived fundamentally as a revenue story. Jason Moser points out that any time a company can raise its guidance, it tends to be received favorably by the market. Zillow has diversified its portfolio considerably, encompassing various brands such as Trulia, StreetEasy, and HotPads, with potential for future acquisitions.