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Feb 11, 2026 8:01 AM

Why Are Zillow Shares Dropping In Wednesday's Premarket?

Zillow Group Inc (NASDAQ:Z) shares are declining in Wednesday’s premarket session on the company’s mixed fourth-quarter results.

This decline comes as Nasdaq futures are up 0.08% while S&P 500 futures have gained 0.12%, indicating that the stock is moving against broader market trends.

The Earnings Details

Zillow reported financial results for the fourth quarter after the market closed on Tuesday.

The residential real estate platform delivered quarterly revenue of $654 million, exceeding analyst estimates of $650.29 million. However, adjusted earnings per share of 39 cents fell short of the 40-cent consensus estimate.

Total revenue climbed 18% year-over-year in the quarter. The company noted that its quarterly revenue growth outperformed the broader residential real estate ...