CoStar Group (CSGP) Q4 Earnings Beat Estimates, Revenues Up Y/Y

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 ...