Zillow Second Quarter Earnings PREVIEW

Zillow Inc (NASDAQ:Z) will unveil its latest earnings on Tuesday, August 7, 2012.

Zillow Inc Earnings Preview Cheat Sheet

Wall St. Earnings Expectations: The average estimate of analysts is for a loss of one cent per share after the company broke even in the year-earlier quarter. During the past three months, the average estimate has moved down from 2 cents. Between one and three months ago, the average estimate moved down. It has been unchanged at a loss of one cent during the last month. Analysts are projecting profit to rise by 0% compared to last year’s 7 cents.

Past Earnings Performance: Last quarter, the company reported net income of 6 cents per share versus a mean estimate of. The company has beaten estimates for the past three quarters.

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A Look Back: In the first quarter, the company swung to a profit of $1.7 million (6 cents a share) from a loss of $826,000 (4 cents) a year earlier, beating analyst estimates. Revenue rose more than twofold to $22.8 million from $11.3 million.

Stock Price Performance: Between May 7, 2012 and August 1, 2012, the stock price fell $4.51 (-11%), from $41.03 to $36.52. The stock price saw one of its best stretches over the last year between February 6, 2012 and February 16, 2012, when shares rose for nine straight days, increasing 7.6% (+$2.42) over that span. It saw one of its worst periods between November 15, 2011 and November 25, 2011 when shares fell for eight straight days, dropping 23.3% (-$6.86) over that span.

Analyst Ratings: With three analysts rating the stock a buy, none rating it a sell and two rating the stock a hold, there are indications of a bullish stance by analysts. Over the past 90 days, the average rating for the stock has moved up from hold to moderate buy.

Balance Sheet Analysis: The company’s current ratio of assets to liabilities came in at 6.59 last quarter. Having a ratio above 2:1 is usually considered a good indicator of a company’s liquidity and ability to meet creditor demands.

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(Company fundamentals by Xignite Financials. Earnings estimates provided by Zacks)

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