12:44 PM EST, 11/07/2024 (MT Newswires) -- (Updates with stock price movement in the headline and first paragraph)

Zillow Group ( ZG ) (Z, ZG) shares jumped 23% in recent Thursday trading as the company's Q3 loss was narrower than expected.

The company reported a Q3 loss late Wednesday of $0.08 per diluted share, narrower than a loss of $0.12 a year earlier.

Analysts polled by Capital IQ expected a loss of $0.16.

Revenue for the quarter ended Sept. 30 was $581 million, compared with $496 million a year earlier.

Analysts surveyed by Capital IQ expected $555.2 million.

Price: 72.05, Change: +13.37, Percent Change: +22.78