Boston, MA 05/21/2014 (wallstreetpr) – Real estate information provider Zillow Inc (NASDAQ:Z) is likely to beat rival Move Inc. (NASDAQ:MOVE) in 2014 revenue if the company’s respective projections for the year are anything to consider. Move Inc has routinely posted better revenue than Zillow, but that is about to change in 2014. Zillow projects 54.9 percent revenue growth that would see it report $306 million this year. That compares with Move’s projected revenue growth of 12.8 percent that would see the company generate $256 million in 2014.
Zillow Inc (NASDAQ:Z) and Move Inc generated revenue of $197.5 million and $227 million respectively in 2013. Zillow reported its 1Q2014 financial results on May 7, during which the company posted EPS of 2 cents, beating consensus estimate of the loss of 8 cents per share. Its revenue for the quarter was $66.2 million, ahead of the consensus estimate of $63.21 million. Both earnings and revenue increased significantly on a year-over-year basis.
Health benefit company WellPoint Inc (NYSE:WLP) may seek a double-digit increase on its premium charges. However, the company would not give a specific estimate of what it intends to submit to regulators for its 2015 rates because rates vary by market and products. The company’s CEO Joseph R. Swedish hailed recent 1Q financial results and said the company looks forward to more positive performance in the future.
WellPoint Inc (NYSE:WLP) enrolled a bigger number of young customers than most of its peers in the individual health insurance sector. Analysts say that a higher number of younger customers may lessen the company’s premium increases for 2015 rates.
For-profit institutions may be having it rough as students seemingly turn away from them, and the government increases its scrutiny of such institutions. However, the case is quite different for Strayer Education Inc (NASDAQ:STRA). In a recent interview, the company’s CEO, Karl McDonnell, said the institution is least worried about the recent development in the sector and there is a good reason for that. In addition to having some of the most attractive courses that students are seeking around the world, the company said it has initiated various strategies that have helped its students to save up to 45 percent in their study costs.
Therefore, the company expects to witness higher enrollment numbers in various courses that it offers. On that note, Strayer Education Inc (NASDAQ:STRA) expects to generate higher revenue this year and beyond.
