Why Is CoStar (CSGP) Up 0.1% Since Last Earnings Report?

Core Viewpoint - CoStar Group (CSGP) has seen a slight increase of 0.1% in its share price over the past month, underperforming the S&P 500, raising questions about its future performance leading up to the next earnings release [1]. Group 1: Earnings and Estimates - The consensus estimate for CoStar has shifted downward by 55.88% over the past month, indicating a negative trend in earnings expectations [2]. - The stock has received a Zacks Rank of 3 (Hold), suggesting an expectation of in-line returns in the coming months [4]. Group 2: VGM Scores - CoStar has an average Growth Score of C, but it is significantly lagging in Momentum Score with an F, and also received an F for Value, placing it in the lowest quintile for this investment strategy [3]. - The overall aggregate VGM Score for CoStar is F, which is critical for investors not focused on a single strategy [3]. Group 3: Industry Performance - CoStar is part of the Zacks Computers - IT Services industry, where Infosys (INFY) has gained 4.3% over the past month, reporting revenues of $4.73 billion, a year-over-year increase of 3.6% [5]. - Infosys is expected to post earnings of $0.19 per share for the current quarter, reflecting a year-over-year change of 5.6%, with its Zacks Consensus Estimate remaining unchanged [6].