vm Overview I previously gave a buy rating for CoStar Group, Inc. (NASDAQ:CSGP) as the business continued to see double-digit revenue growth and made great advancements in its residential platform that solidified their competitive position in the market. My thesis played out as expected, and the share price has reflected my target price. My recommendation for CSGP is a buy rating. I remain confident in CSGP's ability to meet its FY27 targets (4Q21 earnings call) given the strong business momentum so far ...

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CoStar Group (CSGP) reported non-GAAP earnings of 33 cents per share in fourth-quarter 2023, which surpassed the Zacks Consensus Estimate by 3.13% but dropped 13.2% year over year.Revenues of $640 million beat the Zacks Consensus Estimate by 1.07% and increased 11.7% year over year.Top-Line DetailsCoStar revenues (37.1% of revenues) of $238 million beat the consensus estimate by 0.72% and increased 8.5% year over year. Apartments.com revenues increased 23% year over year. Net new bookings in the fourth quar ...

UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 10-K ☒ ANNUAL REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the fiscal year ended December 31, 2023 OR 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 (State or other jurisdiction of in ...

CoStar Group, Inc. (NASDAQ:CSGP) Q3 2023 Earnings Conference Call February 20, 2024 5:00 PM ET Company Participants Cyndi Eakin - Head of Investor Relations Andrew Florance - Founder and Chief Executive Officer Scott Wheeler - Chief Financial Officer Conference Call Participants Pete Christiansen - Citi Heather Balsky - Bank of America George Tong - Goldman Sachs Alexei Gogolev - JPMorgan Ryan Tomasello - KBW Ashish Sabadra - RBC Capital Markets Operator Good day and welcome to the CoStar Group Fourth Quart ...

For the quarter ended December 2023, CoStar Group (CSGP) reported revenue of $640.1 million, up 11.6% over the same period last year. EPS came in at $0.33, compared to $0.38 in the year-ago quarter.The reported revenue represents a surprise of +1.07% over the Zacks Consensus Estimate of $633.3 million. With the consensus EPS estimate being $0.32, the EPS surprise was +3.13%.While investors scrutinize revenue and earnings changes year-over-year and how they compare with Wall Street expectations to determine ...

WASHINGTON--(BUSINESS WIRE)--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 year ended December 31, 2023 was $2.46 billion, an increase of 13% over revenue of $2.18 billion for the full year of 2022. Revenue for the fourth quarter of 2023 was $640 million, an increase of 12% over revenue of $573 million for the fourth quarter of 2022. Net income was $375 million for the year en ...

CoStar Group (CSGP) is slated to report its fourth-quarter 2023 earnings on Feb 20.The company expects revenues between $630 million and $635 million, indicating growth of 12% year over year at the midpoint of the range. Earnings are expected between 31 and 32 cents per share.For the fourth quarter, the Zacks Consensus Estimate for revenues currently stands at $633.30 million, suggesting growth of 10.46% from the year-ago quarter’s levels.The consensus mark for earnings has remained unchanged at 32 cents pe ...

Analysts on Wall Street project that CoStar Group (CSGP) will announce quarterly earnings of $0.32 per share in its forthcoming report, representing a decline of 15.8% year over year. Revenues are projected to reach $633.3 million, increasing 10.5% from the same quarter last year.Over the last 30 days, there has been a downward revision of 0.3% in the consensus EPS estimate for the quarter, leading to its current level. This signifies the covering analysts' collective reconsideration of their initial foreca ...

ARLINGTON, Va.--(BUSINESS WIRE)--CoStar Group (NASDAQ: CSGP), a leading provider of online real estate marketplaces, information, and analytics in the property markets, today announced the purchase of 1201 Wilson Boulevard, a 552,000 square foot office building in Arlington, Virginia. CoStar Group plans to relocate its Washington, D.C. employees to Arlington and capitalize on nearly $7 million in tax and economic incentives. With the Company’s current lease set to expire in 2025, CoStar Group assessed mo ...