CoStar Group (CSGP) Q2 Earnings Beat Estimates, Revenues Up Y/Y

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 ...