Investors in CoStar Group, Inc. (CSGP) need to pay close attention to the stock based on moves in the options market lately. That is because the Jan 17, 2025 $35.00 Call had some of the highest implied volatility of all equity options today. What is Implied Volatility? Implied volatility shows how much movement the market is expecting in the future. Options with high levels of implied volatility suggest that investors in the underlying stocks are expecting a big move in one direction or the other. It could ...

FORM 10-Q OR For the transition period from ______ to ______ CoStar Group, Inc. (Exact name of registrant as specified in its charter) Delaware 52-2091509 (State or other jurisdiction of incorporation or organization) (I.R.S. Employer Identification No.) (202) 346-6500 (Registrant's telephone number, including area code) Indicate by check mark whether the registrant (1) has filed all reports required to be filed by Section 13 or 15(d) of the Securities Exchange Act of 1934 during the preceding 12 months (or ...

CoStar Group (CSGP) reported non-GAAP earnings of 15 cents per share in second-quarter 2024, surpassing the Zacks Consensus Estimate by 66.67% but plunging 51.6% year over year. Revenues of $678 million beat the Zacks Consensus Estimate by 0.14% and increased 12% year over year. The upside was driven by robust performance in key segments. Top-Line Details CoStar revenues (37.3% of revenues) of $253 million beat the consensus estimate by 0.61% and increased 10.4% year over year. Apartments.com revenues incre ...

CoStar Group, Inc. (NASDAQ:CSGP) Q2 2024 Earnings Conference Call July 23, 2024 5:00 PM ET Company Participants Cyndi Eakin - Head, IR Andrew Florance - Founder and CEO Chris Lown - CFO Conference Call Participants Peter Christiansen - Citi Alexei Gogolev - JPMorgan George Tong - Goldman Sachs Heather Balsky - Bank of America Soham Bhonsle - BTIG Jeff Meuler - Baird John Campbell - Stephens Nick Jones - Citizens JMP Operator Good day everyone and thank you for standing by. Welcome to this Q2 2024 CoStar Gro ...

The reported revenue represents a surprise of +0.14% over the Zacks Consensus Estimate of $676.85 million. With the consensus EPS estimate being $0.09, the EPS surprise was +66.67%. As these metrics influence top- and bottom-line performance, comparing them to the year-ago numbers and what analysts estimated helps investors project a stock's price performance more accurately. For the quarter ended June 2024, CoStar Group (CSGP) reported revenue of $677.8 million, up 11.9% over the same period last year. EPS ...

CoStar Group (CSGP) came out with quarterly earnings of $0.15 per share, beating the Zacks Consensus Estimate of $0.09 per share. This compares to earnings of $0.31 per share a year ago. These figures are adjusted for non-recurring items. This quarterly report represents an earnings surprise of 66.67%. A quarter ago, it was expected that this commercial real estate information and marketing provider would post earnings of $0.06 per share when it actually produced earnings of $0.10, delivering a surprise of ...

Source: Google Analytics Unique Visitors – All CoStar Group Sites. Growth rate based on 2Q24 vs 2Q23. | --- | --- | |-------|-----------------------------------------------------------------------------------------------------------------------------------------------------------------------------| | | | | • | Second quarter 2024 revenue of $678 million increased 12% year-over-year and our two businesses with billion dollar run rates delivered double-digit revenue growth. | | • | Annualized net new bookings ...

CoStar Group Second Quarter 2024 Revenue Increased 12% Year-over-Year and Net New Bookings were $67 Million. CoStar Group Reaches a Record 183 Million Average Monthly Unique Visitors. "We achieved another strong quarter of results in terms of revenue, sales and traffic to our websites," said Andy Florance, Founder and CEO of CoStar Group. "Overall revenue grew 12% year-over-year, and our two billion-dollar run rate businesses continue to deliver double-digit revenue growth with Apartments.com growing at 18% ...

For the second quarter, the Zacks Consensus Estimate for revenues is currently pegged at $678.15 million, suggesting growth of 11.92% from the year-ago quarter's levels. Let's see how things have shaped up for the upcoming announcement. The strengthening international segment and the positive outlook for real estate marketplaces are expected to have bolstered LoopNet's performance in the quarter under review. It expects revenues between $674 million and $679 million, indicating growth of 12% year over year ...

I wrote a Deep Dive on CSGP back in January 2024, so I would suggest reading my Deep Dive for a more comprehensive discussion on the company. I will mostly highlight a couple of points in this piece. Such countercyclical dynamic makes it much more likely that even in a "GFC" scenario, CoStar's revenue may continue to increase." CSGP is one of those rare companies that grew its revenues double-digit for each of the last 51 quarters. CSGP guided for $5 Bn revenue in 2027 even though consensus estimates today ...