Latest news with #CSGP
Yahoo
22-07-2025
- Business
- Yahoo
CoStar (CSGP) Reports Q2 Earnings: What Key Metrics Have to Say
CoStar Group (CSGP) reported $781.3 million in revenue for the quarter ended June 2025, representing a year-over-year increase of 15.3%. EPS of $0.17 for the same period compares to $0.15 a year ago. The reported revenue represents a surprise of +1.25% over the Zacks Consensus Estimate of $771.67 million. With the consensus EPS estimate being $0.14, the EPS surprise was +21.43%. While investors closely watch year-over-year changes in headline numbers -- revenue and earnings -- and how they compare to Wall Street expectations to determine their next course of action, some key metrics always provide a better insight into a company's underlying performance. As these metrics influence top- and bottom-line performance, comparing them to the year-ago numbers and what analysts estimated helps investors project a stock's price performance more accurately. Here is how CoStar performed in the just reported quarter in terms of the metrics most widely monitored and projected by Wall Street analysts: Revenues- CoStar: $270.9 million versus $267.89 million estimated by two analysts on average. Compared to the year-ago quarter, this number represents a +7.1% change. Revenues- Information Services: $39.3 million versus $36.74 million estimated by two analysts on average. Compared to the year-ago quarter, this number represents a +17.7% change. Revenues- Other Marketplaces: $74.7 million compared to the $50.2 million average estimate based on two analysts. The reported number represents a change of +139.4% year over year. Revenues- LoopNet: $75.7 million versus $74.65 million estimated by two analysts on average. Compared to the year-ago quarter, this number represents a +8.5% change. Revenues- Residential: $28.4 million versus $31.02 million estimated by two analysts on average. Compared to the year-ago quarter, this number represents a +8.4% change. Revenues- Multifamily: $292.3 million compared to the $293.26 million average estimate based on two analysts. The reported number represents a change of +10.6% year over year. View all Key Company Metrics for CoStar here>>> Shares of CoStar have returned +6.2% over the past month versus the Zacks S&P 500 composite's +5.9% change. The stock currently has a Zacks Rank #3 (Hold), indicating that it could perform in line with the broader market in the near term. Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report CoStar Group, Inc. (CSGP) : Free Stock Analysis Report This article originally published on Zacks Investment Research ( Zacks Investment Research
Yahoo
18-07-2025
- Business
- Yahoo
CoStar Group to Post Q2 Earnings: What's in Store for the Stock?
CoStar Group CSGP is slated to report second-quarter 2025 earnings on July company expects revenues to be between $770 million and $775 million, indicating year-over-year growth of 14% at the midpoint of the range. The Zacks Consensus Estimate for revenues is currently pegged at $771.67 million, suggesting growth of 13.85% from the year-ago quarter's levels. The consensus mark for earnings has remained unchanged at 14 cents per share in the past 30 days, suggesting a 6.67% decline from the figure reported in the year-ago Group's earnings beat the Zacks Consensus Estimate in each of the trailing four quarters, the average surprise being 37.41%. (Find the latest EPS estimates and surprises on Zacks Earnings Calendar.) CoStar Group, Inc. Price and EPS Surprise CoStar Group, Inc. price-eps-surprise | CoStar Group, Inc. Quote Let's see how things might have shaped up for CSGP prior to the announcement. Factors to Note CoStar Group's second-quarter performance is likely to have benefited from a robust portfolio of marketplaces, including LoopNet and growing momentum in driven by increased traffic and higher advertising spending, is likely to have aided CoStar's top-line growth in the to-be-reported quarter. CSGP has seen robust revenue growth across its major platform, and expects 10% revenue growth for the second quarter of continued to gain traction, reaching 104 million average monthly unique visitors in the first quarter of 2025, according to Google Analytics. Also, Traffic to CoStar Group sites reached 130 million average monthly unique visitors during the quarter. This momentum is expected to have continued in the to-be-reported strengthening international segment and its highest net new bookings in nearly three years, driven by its revamped sales strategy focusing on broad subscription packages, are expected to have bolstered LoopNet's performance in the to-be-reported quarter. LoopNet's revenue growth rate is anticipated to be 7% in the second challenging macroeconomic uncertainties and ongoing headwinds in the commercial real estate market are expected to have affected revenue growth. The segment is also anticipated to have experienced low single-digit revenue growth in the second quarter of 2025 due to the impact of first-quarter cancellations. Acquisitions Boost CSGP's Q2 Prospects CoStar Group's growth trajectory is likely to have been fueled by its consistent acquisition strategy. Its acquisition of Matterport represents a move toward integrating Matterport's 3D capture technology into CSGP's real estate marketplaces, thereby enhancing CoStar's offerings and capitalizing on the growing demand for virtual real estate is expected to have contributed approximately $40 million to second-quarter revenues, with plans to integrate its technology into CoStar's platforms, enhancing user engagement and reducing cancellations. What Our Model Says As per the Zacks model, the combination of a positive Earnings ESP and a Zacks Rank #1 (Strong Buy), 2 (Buy) or 3 (Hold) increases the odds of an earnings beat. But that is not the case Group has an Earnings ESP of 0.00% and a Zacks Rank #3. You can uncover the best stocks to buy or sell before they're reported with our Earnings ESP Filter. Stocks to Consider Here are some companies worth considering, as our model shows that these have the right combination of elements to beat on earnings in their upcoming releases:Lam Research LRCX, Sensata Technologies ST and Infosys INFY are some stocks with favorable Reasearch has an Earnings ESP of +1.87% and a Zacks Rank #2 at present. Lam Research is slated to report fourth-quarter fiscal 2025 results on July 30. You can see the complete list of today's Zacks #1 Rank stocks Technologies has an Earnings ESP of +1.45% and a Zacks Rank #2 at present. Sensata Technologies is set to report second-quarter 2025 results on July 29. Infosys has an Earnings ESP of +1.06% and a Zacks Rank #2 at present. Infosys is scheduled to report first-quarter fiscal 2026 results on July 23. Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report American Noble Gas Inc. (INFY) : Free Stock Analysis Report Lam Research Corporation (LRCX) : Free Stock Analysis Report Sensata Technologies Holding N.V. (ST) : Free Stock Analysis Report CoStar Group, Inc. (CSGP) : Free Stock Analysis Report This article originally published on Zacks Investment Research ( Zacks Investment Research
Yahoo
04-07-2025
- Business
- Yahoo
1 Large-Cap Stock with Impressive Fundamentals and 2 to Turn Down
Large-cap stocks have the power to shape entire industries thanks to their size and widespread influence. With such vast footprints, however, finding new areas for growth is much harder than for smaller, more agile players. This is precisely where StockStory comes in - our job is to find you high-quality companies that can win regardless of the conditions. That said, here is one large-cap stock that still has big upside potential and two whose momentum may slow. Market Cap: $70.22 billion Founded after patenting the electric room thermostat, Johnson Controls (NYSE:JCI) specializes in building products and technology solutions, including HVAC systems, fire and security systems, and energy storage. Why Should You Dump JCI? Absence of organic revenue growth over the past two years suggests it may have to lean into acquisitions to drive its expansion Projected sales growth of 4.1% for the next 12 months suggests sluggish demand Low returns on capital reflect management's struggle to allocate funds effectively At $106.71 per share, Johnson Controls trades at 27.7x forward P/E. Read our free research report to see why you should think twice about including JCI in your portfolio, it's free. Market Cap: $34.65 billion With a research department that makes over 10,000 property updates daily to its 35-year-old database, CoStar Group (NASDAQ:CSGP) provides comprehensive real estate data, analytics, and online marketplaces for commercial and residential properties in the U.S. and U.K. Why Are We Hesitant About CSGP? Efficiency has decreased over the last five years as its adjusted operating margin fell by 23.7 percentage points Earnings per share fell by 3.1% annually over the last five years while its revenue grew, showing its incremental sales were much less profitable 16.6 percentage point decline in its free cash flow margin over the last five years reflects the company's increased investments to defend its market position CoStar is trading at $81.65 per share, or 77.4x forward P/E. Check out our free in-depth research report to learn more about why CSGP doesn't pass our bar. Market Cap: $101.2 billion Founded by Stanford students with the intent to build 'the local, on-demand FedEx", DoorDash (NYSE:DASH) operates an on-demand food delivery platform. Why Should You Buy DASH? Orders have grown by 21% annually, allowing for more profitable cross-selling opportunities if it can build complementary products and features Additional sales over the last three years increased its profitability as the 105% annual growth in its earnings per share outpaced its revenue Free cash flow margin grew by 11.3 percentage points over the last few years, giving the company more chips to play with DoorDash's stock price of $238.51 implies a valuation ratio of 35.8x forward EV/EBITDA. Is now the time to initiate a position? See for yourself in our full research report, it's free. Market indices reached historic highs following Donald Trump's presidential victory in November 2024, but the outlook for 2025 is clouded by new trade policies that could impact business confidence and growth. While this has caused many investors to adopt a "fearful" wait-and-see approach, we're leaning into our best ideas that can grow regardless of the political or macroeconomic climate. Take advantage of Mr. Market by checking out our Top 6 Stocks for this week. This is a curated list of our High Quality stocks that have generated a market-beating return of 183% over the last five years (as of March 31st 2025). Stocks that made our list in 2020 include now familiar names such as Nvidia (+1,545% between March 2020 and March 2025) as well as under-the-radar businesses like the once-small-cap company Exlservice (+354% five-year return). Find your next big winner with StockStory today for free. Find your next big winner with StockStory today. Find your next big winner with StockStory today Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
Yahoo
02-07-2025
- Business
- Yahoo
What to Expect From CoStar Group's Q2 2025 Earnings Report
CoStar Group, Inc. (CSGP), headquartered in Arlington, Virginia, provides information, analytics, and online marketplace services. Valued at $33.9 billion by market cap, the company offers a subscription-based integrated platform for commercial real estate intelligence, which includes information about commercial real estate properties, properties for sale, comparable sales, tenants, space available for lease, industry news, and market status. The leading commercial real estate information and marketplace listing platforms provider is expected to announce its fiscal second-quarter earnings for 2025 on Tuesday, Jul. 22. Ahead of the event, analysts expect CSGP to report a profit of $0.05 per share on a diluted basis, down 54.6% from $0.11 per share in the year-ago quarter. The company has consistently surpassed Wall Street's EPS estimates in its last four quarterly reports. Is Palantir Stock a Buy, Sell, or Hold for July 2025? Is Archer Aviation Stock a Buy, Sell, or Hold for July 2025? Oklo Just Announced a New Nuclear Fuel Deal. Is OKLO Stock a Buy Here? Stop Missing Market Moves: Get the FREE Barchart Brief – your midday dose of stock movers, trending sectors, and actionable trade ideas, delivered right to your inbox. Sign Up Now! For the full year, analysts expect CSGP to report EPS of $0.42, down 22.2% from $0.54 in fiscal 2024. However, its EPS is expected to rise 181% year over year to $1.18 in fiscal 2026. CSGP stock has underperformed the S&P 500 Index's ($SPX) 13.2% gains over the past 52 weeks, with shares up 10.9% during this period. However, it outperformed the Real Estate Select Sector SPDR Fund's (XLRE) 9.6% gains over the same time frame. CSGP's weak performance was driven by a $31 million impact from the Matterport acquisition. On Apr. 29, CSGP reported its Q1 results, and its shares closed down more than 10% in the following trading session. Its adjusted EPS of $0.14 beat Wall Street expectations of $0.11. The company's revenue was $732.2 million, exceeding Wall Street forecasts of $719.4 million. The company expects full-year revenue in the range of $3.1 billion to $3.2 billion. Analysts' consensus opinion on CSGP stock is reasonably bullish, with a 'Moderate Buy' rating overall. Out of 16 analysts covering the stock, nine advise a 'Strong Buy' rating, two suggest a 'Moderate Buy,' four give a 'Hold,' and one recommends a 'Strong Sell.' CSGP's average analyst price target is $87.64, indicating a potential upside of 7% from the current levels. On the date of publication, Neha Panjwani did not have (either directly or indirectly) positions in any of the securities mentioned in this article. All information and data in this article is solely for informational purposes. This article was originally published on
Yahoo
25-06-2025
- Business
- Yahoo
5 Insightful Analyst Questions From CoStar's Q1 Earnings Call
CoStar's first quarter results were met with a marked negative market reaction, as concerns emerged regarding the company's forward outlook despite solid operational performance. Management pointed to ongoing double-digit revenue growth, with CEO Andy Florance highlighting strong momentum in the core commercial real estate data and marketplace businesses and the integration of recent acquisitions such as Matterport. However, Florance acknowledged continued headwinds in the broader commercial real estate environment, describing conditions as 'one of the worst commercial real estate environments in decades,' with high office vacancies and weak transaction volumes. The company also experienced significant cost reductions, particularly in the business, and noted a sharp improvement in customer retention metrics following product repositioning. Is now the time to buy CSGP? Find out in our full research report (it's free). Revenue: $732.2 million vs analyst estimates of $730 million (11.5% year-on-year growth, in line) Adjusted EPS: $0.19 vs analyst estimates of $0.11 (81.7% beat) Adjusted EBITDA: $65.6 million vs analyst estimates of $30.51 million (9% margin, significant beat) Revenue Guidance for the full year is $3.14 billion at the midpoint, roughly in line with what analysts were expecting EBITDA guidance for the full year is $370 million at the midpoint, below analyst estimates of $389.9 million Operating Margin: -5.8%, in line with the same quarter last year Market Capitalization: $34.17 billion While we enjoy listening to the management's commentary, our favorite part of earnings calls are the analyst questions. Those are unscripted and can often highlight topics that management teams would rather avoid or topics where the answer is complicated. Here is what has caught our attention. Alexei Gogolev (JPMorgan) asked about the industry's response to Zillow's delayed market listing policy. CEO Andy Florance reported 'overwhelmingly negative' feedback from agents and positioned this as a competitive opportunity for Peter Christiansen (Citi) inquired about Matterport's integration timeline and monetization. Florance highlighted plans for deep product embedding and R&D expansion, while CFO Christian Lown emphasized expected reductions in customer cancellations as usage increases. George Tong (Goldman Sachs) questioned investment levels for and the impact of the Board's capital allocation committee. Lown confirmed investment plans remain unchanged, with cost savings being reallocated to sales force growth. Ryan Tomasello (KBW) asked about the deceleration in multifamily growth and the outlook for Lown explained that seasonal dynamics and new sales hires will drive acceleration in the second half, and the addition of experienced sales staff is expected to improve results. Stephen Sheldon (William Blair) queried the potential for more aggressive pricing in the CoStar Suite. Florance suggested that as market conditions improve, the company may pursue higher annual price increases, but will remain cautious if headwinds persist. Over the next few quarters, the StockStory team will focus on (1) the pace of sales force expansion and its impact on net new bookings, (2) the effectiveness of Matterport's integration in driving higher engagement and retention across the product suite, and (3) signs of improvement in commercial real estate transaction volumes and office vacancy rates. Execution on cost control and the ability to successfully monetize new product offerings will also be key indicators of progress. CoStar currently trades at $81, down from $82.61 just before the earnings. At this price, is it a buy or sell? See for yourself in our full research report (it's free). Market indices reached historic highs following Donald Trump's presidential victory in November 2024, but the outlook for 2025 is clouded by new trade policies that could impact business confidence and growth. While this has caused many investors to adopt a "fearful" wait-and-see approach, we're leaning into our best ideas that can grow regardless of the political or macroeconomic climate. Take advantage of Mr. Market by checking out our Top 9 Market-Beating Stocks. This is a curated list of our High Quality stocks that have generated a market-beating return of 183% over the last five years (as of March 31st 2025). Stocks that made our list in 2020 include now familiar names such as Nvidia (+1,545% between March 2020 and March 2025) as well as under-the-radar businesses like the once-small-cap company Comfort Systems (+782% five-year return). Find your next big winner with StockStory today.
