Zillow Group IR Blog

Zillow Group May 2020 IR Roundup

In May, Zillow Group announced first quarter 2020 financial results. Zillow Group CEO and co-founder Rich Barton was also interviewed on CNBC where he discussed the company’s response plan to the coronavirus pandemic and the state of the housing market.

Zillow’s research team also released several housing and economic data reports that shed light on how the housing market is faring amid the pandemic.

See below for a roundup of other corporate announcements and media coverage for Zillow Group from the month of May. 

In Case You Missed It
Zillow Group Reports First Quarter 2020 Financial Results
Zillow Group Announces Proposed Public Offerings of $500 million of Class C Capital Stock and $500 million of Convertible Senior Notes
Zillow Group Prices Public Offerings of $384 million of Class C Capital Stock and $500 million of 2.75% Convertible Senior Notes due 2025
Zillow Resumes Home Buying in Four Markets and Launches Real Estate Health Safety Initiative
Zillow Group to Host Virtual Annual Meeting of Shareholders
Zillow Resumes Home Buying in Five Additional Markets
Zillow Forecasts a Dip in Home Prices, Rebounding By Next Year
New Listings are Ticking Up, With High-End Homes Beginning to Rally After Tumbling the Most
Zillow’s Weekly Market Report Shows Buyers and Sellers Returning

Zillow Group in the News
Zillow CEO: ‘We’re not really seeing’ people bolt from cities to suburbs yet due to coronavirus [CNBC – VIDEO]
Zillow Eyes Home-Flipping With Americans Tired of Their Houses [Bloomberg]
Zillow Will Start Buying Homes Again Because the Housing Market Has “Passed The Worst of It” [Barron’s]
Zillow CEO: ‘You’re seeing years of technology progress get accelerated down into months’ [Inman News]
Zillow beats revenue $1.1B adj. vs. $1.06B estimated [CNBC – VIDEO]
Zillow beats Q1 sales views, sees demand returning [MarketWatch]
Redfin, Zillow to resume iBuying [Inman News]
Zillow Earns Relative Strength Rating Upgrade [Investor’s Business Daily]
Zillow Group CEO Rich Barton on why he’s bullish about real estate despite pandemic [GeekWire]
Former surgeon general tapped to help Zillow safely buy homes again [Inman News]
More people considering moving out of expensive cities if they can work remotely [TODAY Show – VIDEO]
Zillow is restarting its iBuyer business with the help of a former US surgeon general. She laid out how the company will get home-flipping up and running safely [Business Insider]

Zillow Group’s monthly IR Roundups are not intended to be a comprehensive report of all of the company’s mentions by the media online, in print and on television. Zillow Group intends to use its @ZillowGroup Twitter account and Zillow Group IR Blog, in addition to its investor relations website, press releases, SEC filings and public conference calls and webcasts, as means of disclosing information about the company, its services and other matters and for complying with its disclosure obligations under Regulation FD. Zillow Group does not endorse or adopt the views expressed in third-party materials linked above.

Forward-Looking Statements
This communication contains forward-looking statements within the meaning of Section 27A of the Securities Act of 1933 and Section 21E of the Securities Exchange Act of 1934 that involve risks and uncertainties, including, without limitation, statements regarding our business outlook, market opportunities, strategic partnerships and operational plans for 2020. Statements containing words such as “may,” “believe,” “anticipate,” “expect,” “intend,” “plan,” “project,” “will,” “projections,” “continue,” “business outlook,” “forecast,” “estimate,” “outlook,” “guidance,” or similar expressions constitute forward-looking statements. Differences in Zillow Group’s actual results from those described in these forward-looking statements may result from actions taken by Zillow Group as well as from risks and uncertainties beyond Zillow Group’s control. Factors that may contribute to such differences include, but are not limited to, Zillow Group’s ability to execute on strategy; Zillow Group’s ability to maintain and effectively manage an adequate rate of growth; Zillow Group’s ability to innovate and provide products and services that are attractive to its users and advertisers; Zillow Group’s investment of resources to pursue strategies that may not prove effective; natural disasters, epidemics or pandemics, like COVID-19 that could negatively impact our business; and the impact of the real estate market and economy on Zillow Group’s business. The foregoing list of risks and uncertainties is illustrative but not exhaustive. For more information about potential factors that could affect Zillow Group’s business and financial results, please review the “Risk Factors” described in Zillow Group’s Annual Report on Form 10-K for the year ended December 31, 2019 and in Zillow Group’s Quarterly Report on Form 10-Q for the three months ended March 31, 2020 filed with the Securities and Exchange Commission, or SEC, and in Zillow Group’s other filings with the SEC. Forward-looking statements were made based on information available as of the original publication dates and are not being affirmed or updated with this communication. Except as may be required by law, Zillow Group does not intend, and undertakes no duty, to update this information to reflect future events or circumstances.

Zillow Group April 2020 IR Roundup Zillow Group CEO Rich Barton on CNBC: “We in the shelter business are really lucky”