CSGP Stock Recent News

Australia's Domain Holdings said on Friday U.S. online real estate firm CoStar would acquire the property classifieds company for an implied enterprise value of A$3 billion ($1.92 billion).

U.S. real-estate analytics provider CoStar agreed to buy Australia's Domain in a deal valuing the property advertiser at about US$1.92 billion.

CoStar Group's commercial business is reaccelerating, with 1Q25 revenue up 12% y/y, driven by strong performance across Online Marketplaces and core commercial segments. Homes.com engagement remains robust despite a decline in net new bookings, with significant increases in page views, time spent on site, and leads. The Domain acquisition enhances international growth prospects, aligning with CSGP's strategy to expand into lucrative markets like Australia, complementing their existing strengths.

xAI Holdings' leading AI model Grok 3 outperformed competitors, bolstered by the Colossus data center and Twitter acquisition, enhancing data integration and corporate alignment. Spotify delivered strong performance driven by margin improvements, user growth, and product innovation, positioning it as a long-term winner in music streaming. Guidewire Software is poised to capture significant market share in the P&C insurance software industry.

ARLINGTON, Va.--(BUSINESS WIRE)--Homes.com, a CoStar Group leading online residential marketplace, today released a new exclusive report providing an update on home buying and selling market trends in Washington, D.C., and the surrounding markets in Maryland and Virginia following the first 100 days of President Donald Trump's administration. The Homes.com analysis found that the housing market in Washington, D.C., and the surrounding markets in Maryland and Virginia has followed roughly the sa.

Wedbush sticks with its Outperform on AppLovin (APP) — Joe Terranova, Senior Managing Director at Virtus, owns the stock and shares his take. The rest of the Investment Committee weighs in on how their stocks are performing.

CSGP's first-quarter 2025 results reflect solid top-line growth, led by robust performance in key segments.

CoStar Group, Inc. (NASDAQ:CSGP ) Q1 2025 Earnings Conference Call April 29, 2025 5:00 PM ET Company Participants Richard Simonelli - Head of IR Andrew Florance - Founder & CEO Christian Lown - CFO Conference Call Participants Alexei Gogolev - JPMorgan Peter Christiansen - Citi George Tong - Goldman Sachs John Campbell - Stephens Ryan Tomasello - KBW Stephen Sheldon - William Blair Jeff Meuler - Baird Operator Good day and thank you for standing by. Welcome to the Q1 2025 CoStar Group Earnings Conference Call.

Although the revenue and EPS for CoStar (CSGP) give a sense of how its business performed in the quarter ended March 2025, it might be worth considering how some key metrics compare with Wall Street estimates and the year-ago numbers.

CoStar Group (CSGP) came out with quarterly earnings of $0.14 per share, beating the Zacks Consensus Estimate of $0.11 per share. This compares to earnings of $0.10 per share a year ago.