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CoStar Group (CSGP) Q1 Earnings Beat Estimates, Revenues Up Y/Y
CSGPCoStar Group(CSGP) Zacks Investment Research·2024-04-24 17:50

CoStar Group (CSGP) reported non-GAAP earnings of 10 cents per share in first-quarter 2024, surpassing the Zacks Consensus Estimate by 66.67% but dropping 65.5% year over year.Revenues of 656.4millionbeattheZacksConsensusEstimateby1.10656.4 million beat the Zacks Consensus Estimate by 1.10% and increased 12.3% year over year. The upside was driven by robust performance in key segments.Top-Line DetailsCoStar revenues (38.1% of revenues) of 250.3 million missed the consensus estimate by 0.30% and increased 11.2% year over year. Apartments.com revenues i ...