Business & Finance
Zillow Moves on Weak Results; Dutch Bros Reduces Guidance | Stock Movers
Key Points
On this episode of Stock Movers: - Zillow (Z) is moving after it posted weaker-than-expected results and signaled that adjusted earnings in the next quarter could be the weakest in three years. - Expedia (EXPE) shares are dropping even after the online travel agency raised its outlook for the full year. Still, the midpoint of its fourth-quarter gross bookings forecast trailed the average analyst estimate.
On this episode of Stock Movers:
- Zillow (Z) is moving after it posted weaker-than-expected results and signaled that adjusted earnings in the next quarter could be the weakest in three years.
- Expedia (EXPE) shares are dropping even after the online travel agency raised its outlook for the full year. Still, the midpoint of its fourth-quarter gross bookings forecast trailed the average analyst estimate.
- Dutch Bros (BROS) shares sinking after the coffee chain cut its adjusted Ebitda forecast for the full year. The reduced guidance missed the average analyst estimate. (Source: Bloomberg)