Zillow posts 3Q profit

SEATTLE (AP) _ Zillow Group Inc. (Z) on Tuesday reported third-quarter net income of $9.2 million.

The Seattle-based company said it had profit of 5 cents per share. Earnings, adjusted for stock option expense and costs related to mergers and acquisitions, were 19 cents per share.

The real estate website operator posted revenue of $281.8 million in the period.

For the current quarter ending in December, Zillow said it expects revenue in the range of $274 million to $279 million.

The company expects full-year revenue of $1.07 billion.

Zillow shares have risen nearly 10 percent since the beginning of the year. In the final minutes of trading on Tuesday, shares hit $39.97, a rise of 14 percent in the last 12 months.

This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on Z at https://www.zacks.com/ap/Z