A General Election jump in the numbers of consumers switching energy provider is expected to boost portal owner ZPG to a surge in profits when it reports full-year earnings on Wednesday.
Analysts expect a jump of more than 20 per cent in full-year revenues for the owner of sites such as Zoopla and Uswitch, according to consensus estimates collected by Bloomberg.
Strong revenue growth at ZPG will drive a similar increase in earnings to £92.4m, up from the £77.1m reported in 2016, analysts expect.
The FTSE 250 firm changed its name in February, from Zoopla to the less inspiring ZPG, after expanding its portfolio of websites with a string of acquisitions and an attempted swoop for price comparison rival Gocompare.
Gocompare rejected the approach earlier this month, saying it was “highly opportunistic”. Last week ZPG confirmed it will not make an improved offer to Gocompare, saying it will take a “disciplined approach” to capital allocation.