CoStarGroup™ Third Quarter 2024 Investor Presentation Legal Disclaimer This news release and the Company's earnings conference call contain "forward-looking statements" within the meaning of the Private Securities Litigation Reform Act of 1995. Such statements include, but are not limited to, statements about CoStar Group's plans, objectives, expectations, beliefs and intentions and other statements including words such as "hope," "anticipate," "may," "believe," "expect," "intend," "will," "should," "plan," ...

For the quarter ended September 2024, CoStar Group (CSGP) reported revenue of $692.6 million, up 10.9% over the same period last year. EPS came in at $0.22, compared to $0.30 in the year-ago quarter. The reported revenue represents a surprise of -0.55% over the Zacks Consensus Estimate of $696.45 million. With the consensus EPS estimate being $0.16, the EPS surprise was +37.50%. While investors closely watch year-over-year changes in headline numbers -- revenue and earnings -- and how they compare to Wall S ...

CoStar Group (CSGP) came out with quarterly earnings of $0.22 per share, beating the Zacks Consensus Estimate of $0.16 per share. This compares to earnings of $0.30 per share a year ago. These figures are adjusted for non-recurring items. This quarterly report represents an earnings surprise of 37.50%. A quarter ago, it was expected that this commercial real estate information and marketing provider would post earnings of $0.09 per share when it actually produced earnings of $0.15, delivering a surprise of ...

Exhibit 99.1 CoStar Group Third Quarter Revenue Increased 11% Year-over-Year; Net Income Increased 176% and EBITDA Increased 320% from the Second Quarter WASHINGTON – October 22, 2024 - CoStar Group, Inc. (NASDAQ: CSGP), a leading provider of online real estate marketplaces, information and analytics in the property markets, announced today that revenue for the quarter ended September 30, 2024 was $693 million, up 11% over revenue of $625 million for the quarter ended September 30, 2023. Net income was $53 ...

Some stocks are worth looking at even before their earnings are out in the market, a view contrary to the popular belief that whatever results will come of earnings are potentially already priced into the stock before the event. If this were the case, however, then stocks wouldn’t see such sharp swings when earnings announcements do come out, and investors should know there’s a science behind the move.CoStar Group TodayCSGPCoStar Group$77.36 -1.89 (-2.38%) 52-Week Range$67.35▼$100.38P/E Ratio145.97Price Tar ...

Led by International Business Machines (IBM) , several trending tech stocks are set to report their third quarter results on Tuesday, October 22. Here's a brief earnings preview for IBM and a look at two IT services stocks to watch as their Q3 reports approach. IBM's Q3 Expectations Expanding outside of its renowned computer hardware offerings, IBM's growth as a provider of cloud and data platforms has started to captivate investors' attention with its stock sitting on +40% gains this year. Currently landin ...

CoStar Group (CSGP) is slated to report its third-quarter 2024 earnings on Oct 22. The company expects third-quarter revenues between $692 million and $697 million, indicating growth of 11% year over year at the midpoint of the range. Earnings are expected to be between 15 and 16 cents per share. The Zacks Consensus Estimate for third-quarter earnings has been steady at 16 cents per share over the past 30 days, suggesting a 46.67% decline from the figure reported in the year-ago quarter. Stay up-to-date wit ...

Wall Street analysts expect CoStar Group (CSGP) to post quarterly earnings of $0.16 per share in its upcoming report, which indicates a year-over-year decline of 46.7%. Revenues are expected to be $696.45 million, up 11.5% from the year-ago quarter. The current level reflects no revision in the consensus EPS estimate for the quarter over the past 30 days. This demonstrates how the analysts covering the stock have collectively reappraised their initial projections over this period. Ahead of a company's earni ...

Most investors inconsistently view quarterly earnings as a catalyst for stock prices upon the news release. They often find themselves trapped in the volatility of sudden moves and face the risk of large—or total, in the case of options—losses if the direction of the stock after the announcement goes the wrong way. There is a way to somewhat accurately predict where a stock could go after earnings announcements or to see where broader markets are betting these stocks could go on the event. Keeping the sayin ...

Most investors are under the impression that lower interest rates coming from the Fed might mean lower returns. While that might be true for some industries and companies, some in the technology sector seem to have a chance at another outperforming rally before the year is over. Now that the market is placing most – if not all – premium valuations on the sector, investors can count on the ease of bullish price action and momentum to carry a select group of stocks forward and above the rest. Of course, the b ...