Zillow Plunges after Disappointing Guidance, Acquisition
November 05, 2012 at 16:29 PM EST
Zillow (Z) shares fell 24% after hours after the real estate information service posted in-line earnings but issued guidance that fell below Street estimates. Zillow posted 7 cents of EPS, in line with expectations. But its revenue guidance proved disappointing: Zillow says it expects to post revenue of $30 million to $31 million in the [...]