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Stock impact report

Zillow CEO Spencer Rascoff is out — co-founder Rich Barton is taking over [CNBC]

Zillow Group, Inc. - Class C Capital Stock (Z) 
Last zillow group, inc. - class c capital stock earnings: 8/6 04:06 pm Check Earnings Report
US:NASDAQ Investor Relations: investors.zillowgroup.com
Company Research Source: CNBC
Zillow CEO Spencer Rascoff is out — co-founder Rich Barton is taking over Zillow He will remain on the company's board. Zillow has revealed headwinds The company reported $0.01 per share adjusted earnings on revenue of $365 million. Analysts had expected EPS of $0.01 on revenues of $351 million. Zillow posted higher-than-expected revenue guidance, forecasting first-quarter revenue between $417 million and $443 million, compared with Wall Street estimates of $404 million. The stock plunged as much as 8 percent in extended trading before recovering and trading up as much as 8 percent. Here's the full announcement from Zillow: Zillow Group, Inc. (NASDAQ: Z) (NASDAQ: ZG), which houses a portfolio of the largest and most vibrant real estate and home-related brands on mobile and web, today announced Rich Barton, who co-founded Zillow in 2005 and served as the company's CEO until 2010, has been named chief executive officer. Barton has been executive chairman since stepping down as CEO. Co Show less Read more
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