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CoStar Group Q1 2023 Earnings Report

CoStar Group logo
$71.44 +1.60 (+2.29%)
(As of 12/20/2024 05:45 PM ET)

CoStar Group EPS Results

Actual EPS
$0.29
Consensus EPS
$0.25
Beat/Miss
Beat by +$0.04
One Year Ago EPS
$0.28

CoStar Group Revenue Results

Actual Revenue
$584.37 million
Expected Revenue
$579.36 million
Beat/Miss
Beat by +$5.01 million
YoY Revenue Growth
+13.30%

CoStar Group Announcement Details

Quarter
Q1 2023
Time
After Market Closes

Conference Call Resources

Conference Call Audio

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CoStar Group Earnings Headlines

CoStar Group Inc. stock rises Friday, outperforms market
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CoStar Group Inc. stock falls Thursday, underperforms market
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About CoStar Group

CoStar Group (NASDAQ:CSGP) provides information, analytics, and online marketplace services to the commercial real estate, hospitality, residential, and related professionals industries in the United States, Canada, Europe, the Asia Pacific, and Latin America. The company offers CoStar Property that provides inventory of office, industrial, retail, multifamily, hospitality, and student housing properties and land; CoStar Sales, a robust database of comparable commercial real estate sales transactions; CoStar Market Analytics to view and report on aggregated market and submarket trends; and CoStar Tenant, an online business-to-business prospecting and analytical tool that provides tenant information. It also provides Leasing, a tool to capture, manage, and maintain lease data; CoStar Lease Analysis; Public Record, a searchable database of commercially zoned parcels; CoStar Real Estate Manager, a real estate lease administration, portfolio management, and lease accounting compliance software solution; and CoStar Risk Analytics and CoStar Investment. In addition, it offers apartment marketing sites, such as ApartmentFinder.com, ForRent.com, ApartmentHomeLiving.com, WestsideRentals.com, AFTER55.com, CorporateHousing.com, ForRentUniversity.com, Apartamentos.com, and Off Campus Partners; LoopNet Premium Lister; LoopNet Diamond, Platinum, and Gold Ads; LandsofAmerica.com, LandAndFarm.com, and LandWatch.com for rural land for-sale; BizBuySell.com, BizQuest.com, and FindaFranchise.com for operating businesses and franchises for-sale; Ten-X, an online auction platform for commercial real estate; and HomeSnap, an online and mobile software platform, as well as Homes.com, a homes for sale listings site. The company was founded in 1987 and is headquartered in Washington, the District of Columbia.

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