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MarketFoolery

The Motley Fool

Money, Business, Motley, Business News, Stocks, News, Investing, Market, Fool

4.71.7K Ratings

🗓️ 7 August 2018

⏱️ 25 minutes

🧾️ Download transcript

Summary

Zillow and Etsy report 2nd-quarter results, and the resulting directions of the stocks indicate how important revenue is. Motley Fool Asset Management’s Bill Barker analyzes Zillow’s acquisition strategy and the degree to which Etsy is Amazon-proof. Plus, we dip into the Fool Mailbag and look forward to ESPN’s re-launch of “The Ocho”. (Tangents include the origins of tennis, random acts of kindness at Wawa, and an upcoming road trip for MarketFoolery!)

Transcript

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0:00.0

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0:06.5

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0:11.0

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0:14.4

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0:20.4

your rate also drops. So either way you win.

0:23.0

It is the kind of thinking that you would expect from America's largest mortgage lender and to get started

0:28.5

just go to rocket mortgage.com slash fool.

0:31.0

It's Tuesday, August 7th.

0:34.0

Welcome to Market Foolry.

0:36.0

I'm Chris Hill joining me in studio from Motley Fool Asset Management.

0:39.0

Bill Barker, happy Tuesday.

0:41.0

Thank you.

0:43.0

We've got some poll results we need to get to today.

0:46.0

We've got some exciting news from ESPN, but I think it's fair to say that revenue is the theme today with the earnings news.

0:56.0

Working out in good ways and bad.

0:57.6

And we'll start with Zillow.

0:59.5

And I think with Zillow you can forget the adjusted profits that they reported in the second quarter because no

1:04.2

one appears to care about that because Zilla's revenue came in lower than expected and guidance

1:10.4

for the full fiscal year was weak and shares of the real estate website

1:14.6

operator are getting smacked in a big way. Zillow down 17% this morning.

1:20.3

Yeah, revenue, the revenue guidance was very weak and complicating matters.

1:25.9

Zillow also announced an acquisition which also involves expanding into an additional

...

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