Core Viewpoint - CoStar Group (CSGP) is expected to experience growth acceleration back to high teens, indicating a positive outlook for the company's performance in the near future [1]. Company Analysis - The investment thesis for CoStar Group is based on the belief that its growth trajectory remains strong and is on track to improve significantly [1]. - The investment strategy focuses on identifying undervalued companies with long-term growth potential, emphasizing the importance of buying quality companies at a discount to their intrinsic value [1].

UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 10-Q ☒ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from ______ to ______ Commission file number 0-24531 CoStar Group, Inc. (Exact name of registrant as specified in its charter) Delaware 52-2091509 For the quarterly period ended March 31, 2025 OR (State or other jurisdictio ...

CoStar Group (CSGP) reported non-GAAP earnings of 14 cents per share in the first quarter of 2025, which surpassed the Zacks Consensus Estimate by 27.27%. The company registered earnings of 10 cents per share in the year-ago quarter, increasing 40% year over year.Revenues of $732.2 million beat the Zacks Consensus Estimate by 1.78% and increased 11.5% year over year. This represents the company’s 56th consecutive quarter of double-digit revenue growth. The upside was driven by robust performance in key segm ...

CoStar Group (CSGP) Q1 2025 Earnings Call April 29, 2025 10:17 PM ET Speaker0 Good day, and thank you for standing by. Welcome to the Q1 twenty twenty five CoStar Group Earnings Conference Call. At this time, participants are in a listen only mode. Please be advised that today's conference is being recorded. After the speakers' presentation, there will be a question and answer session. I would now like to hand the conference over to your speaker today, Rich Simonelli, Head of Investor Relations. Speaker1 Th ...

Core Insights - CoStar Group reported revenue of $732.2 million for the quarter ended March 2025, reflecting an 11.6% increase year-over-year and exceeding the Zacks Consensus Estimate of $719.37 million by 1.78% [1] - The company's EPS was $0.14, up from $0.10 in the same quarter last year, representing a surprise of 27.27% compared to the consensus estimate of $0.11 [1] Revenue Breakdown - CoStar's revenue from its core business was $265.10 million, slightly above the average estimate of $264.81 million, marking a year-over-year increase of 5.9% [4] - Information Services generated $39.80 million, exceeding the estimated $36.30 million, with a year-over-year growth of 20.6% [4] - Other Marketplaces reported $44.80 million, significantly higher than the estimated $29.55 million, showing a year-over-year increase of 46.4% [4] - LoopNet's revenue was $72.80 million, slightly below the estimate of $73.38 million, with a year-over-year growth of 5.4% [4] - Residential revenue reached $27.20 million, below the estimate of $28.70 million, but still reflecting a substantial year-over-year increase of 46.2% [4] - Multifamily revenue was $282.50 million, close to the estimate of $283.47 million, with a year-over-year growth of 10.9% [4] Stock Performance - CoStar's shares have returned 3.2% over the past month, outperforming the Zacks S&P 500 composite, which declined by 0.8% [3] - The stock currently holds a Zacks Rank 3 (Hold), indicating expected performance in line with the broader market in the near term [3]

CoStar Group (CSGP) came out with quarterly earnings of $0.14 per share, beating the Zacks Consensus Estimate of $0.11 per share. This compares to earnings of $0.10 per share a year ago. These figures are adjusted for non-recurring items.This quarterly report represents an earnings surprise of 27.27%. A quarter ago, it was expected that this commercial real estate information and marketing provider would post earnings of $0.22 per share when it actually produced earnings of $0.26, delivering a surprise of 1 ...

CoStar Group (CSGP) Q1 2025 Earnings Call April 29, 2025 05:00 PM ET Company Participants Rich Simonelli - Head - Investor RelationsAndy Florance - Founder and CEOChristian Lown - Chief Financial OfficerAlexei Gogolev - Executive DirectorPeter Christiansen - DirectorJohn Campbell - Managing DirectorRyan Tomasello - Managing Director Conference Call Participants George Tong - Sr. Research Analyst - Equity ResearchStephen Sheldon - Research Analyst - Technology, Media & CommunicationsJeffrey Meuler - Analyst ...

Exhibit 99.1 CoStar Group First Quarter 2025 Revenue Increased 12% Year-over-Year Strong net new bookings growth in CoStar, LoopNet year-over-year Apartments.com adds most properties in a quarter since 2016 Homes.com continues to rapidly scale sales force Arlington, VA – April 29, 2025 - CoStar Group, Inc. (NASDAQ: CSGP), a leading provider of online real estate marketplaces, information, analytics and 3D digital twin technology in the property markets, announced today that revenue for the quarter ended Mar ...

CoStar Group (CSGP) is slated to report its first-quarter 2025 earnings on April 29.CoStar expects revenues between $711 million and $716 million, indicating growth of 9% year over year at the midpoint of the range. For the first quarter, the Zacks Consensus Estimate for revenues is currently pegged at $719.37 million, suggesting growth of 9.59% from the year-ago quarter’s levels. The consensus mark for earnings has remained unchanged at 11 cents per share in the past 30 days, suggesting 10% growth from the ...

Core Insights - CoStar Group has entered into support agreements with D.E. Shaw and Third Point for board refreshment and corporate governance enhancements [3][6] - The agreements include the addition of three new directors and the retirement of three long-tenured directors, indicating a significant board refreshment [6][8] - CoStar's core business generates approximately 95% of its revenue, primarily from CoStar Suite and Apartments.com, which have strong competitive advantages [4][5] Company Overview - CoStar Group operates online real estate marketplaces and analytics, managing brands like CoStar Suite, LoopNet, Apartments.com, and Homes.com [4] - The company has historically traded at a premium to its peers but is currently valued in line with them due to aggressive investments in its Homes.com business [4][5] Financial Dynamics - CoStar is diverting about 75% of its $1.3 billion EBITDA to fund $900 million in losses from Homes.com, leading to a significant increase in capital expenditures [5][8] - Capital expenditures are projected to rise by 878% from 2021 to 2024, with a 347% increase expected in 2024 alone [5] Governance Changes - The newly formed capital allocation committee will focus on funding the Homes.com business without relying on core business cash flow and will assess international expansion opportunities [7][8] - The committee's goal is to enhance the valuation of CoStar's core business, potentially increasing its enterprise value from around $30 billion to approximately $45 billion [8] Activist Investor Involvement - Third Point holds a 2.04% position in CoStar, while D.E. Shaw's position remains undisclosed but is expected to be significant given its size as a $70 billion hedge fund [9]