Zillow Inc (NASDAQ:Z) Rolling Out New TV Spot

Denver, CO, 06/03/2014 (Stocksntrade) – Zillow Inc (NASDAQ:Z), a leading real-estate information marketplace has announced that it is now rolling out the 3rd TV spot as part of its award-winning national advertising campaign- “Find Your Way Home” that debuted in 2013. This new creative includes Zillow’s 1st-ever national radio-spots as well as print advertising. This new TV spot, titled- “Family Search,” chronicles the manner in which modern family utilizes technology to propel the house hunt, and it highlighting the emotional significance that is tied to finding a perfect place that can be called l home.

 The TV & radio spots also feature the original soundtrack by Ray LaMontagne, the singer/songwriter, commissioned by Zillow Inc (NASDAQ:Z). The TV ad has now started airing and it will also be in rotation on the network & the cable television right through the very busy home shopping season that all companies look forward to.

 More news

 In separate news, Gordon Sheridan Stephenson, the company’s Director Gordon offloaded 2,502 shares of Zillow Inc (NASDAQ:Z) stock in the open market in the transaction that was dated May 19th. This stock was sold at the average-price of $109.02, for the total value of $272,768.04. Post this transaction, the director directly owns 1,000 shares of Z stock, valued at around $109,020. This transaction had been disclosed in the filing at the SEC.

 Earnings report

 The company last posted its quarterly-earnings results on May 7th. It reported earnings per share of $0.02 for the quarter, which topped the average analyst estimates of $0.08 by $0.10. Zillow reported its revenue of $66.20M for the quarter, in comparison to the earlier year and posted earnings per share of $0.11. Zillow Inc (NASDAQ:Z)’s revenue for the quarter increased 69.7% on a y-o-y basis. Analysts project that Z will post earnings per share of 0.29 for the current fiscal-year.

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