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CoStar (CSGP) Q1 Earnings: Taking a Look at Key Metrics Versus Estimates
CSGPCoStar Group(CSGP) ZACKS·2025-04-30 00:30

Core Insights - CoStar Group reported revenue of 732.2millionforthequarterendedMarch2025,reflectingan11.6732.2 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,upfrom0.14, 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]RevenueBreakdownCoStarsrevenuefromitscorebusinesswas0.11 [1] Revenue Breakdown - CoStar's revenue from its core business was 265.10 million, slightly above the average estimate of 264.81million,markingayearoveryearincreaseof5.9264.81 million, marking a year-over-year increase of 5.9% [4] - Information Services generated 39.80 million, exceeding the estimated 36.30million,withayearoveryeargrowthof20.636.30 million, with a year-over-year growth of 20.6% [4] - Other Marketplaces reported 44.80 million, significantly higher than the estimated 29.55million,showingayearoveryearincreaseof46.429.55 million, showing a year-over-year increase of 46.4% [4] - LoopNet's revenue was 72.80 million, slightly below the estimate of 73.38million,withayearoveryeargrowthof5.473.38 million, with a year-over-year growth of 5.4% [4] - Residential revenue reached 27.20 million, below the estimate of 28.70million,butstillreflectingasubstantialyearoveryearincreaseof46.228.70 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]