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CoStar Group's (CSGP) second-quarter 2023 results reflect solid top-line growth led by the Apartments.com and Multifamily business segments.
CoStar Group, Inc. (NASDAQ:CSGP ) Q2 2023 Earnings Conference Call July 25, 2023 5:00 PM ET Company Participants Cyndi Eakin - Head of IR Andy Florance - Founder & CEO Scott Wheeler - CFO Conference Call Participants George Tong - Goldman Sachs Heather Balsky - Bank of America Merrill Lynch Peter Christiansen - Citi Ryan Tomasello - KBW Jeff Meuler - Baird Alexei Gogolev - JPMorgan Stephanie Moore - Jefferies Operator Good afternoon. My name is JP and I will be your conference operator today.
CoStar Group (CSGP) came out with quarterly earnings of $0.31 per share, beating the Zacks Consensus Estimate of $0.30 per share. This compares to earnings of $0.28 per share a year ago.
CoStar Group's (CSGP) second-quarter 2023 top line is likely to benefit from strong Apartments.com traffic and higher ad spending.
WASHINGTON--(BUSINESS WIRE)--CoStar Group, Inc. (NASDAQ: CSGP) will announce financial results for the second quarter following the market close on Tuesday, July 25, 2023. Management will conduct a conference call to discuss the second quarter, as well as the Company's outlook at 5:00 PM EDT that same day. A live audio webcast of the conference will be available in listen-only mode through the Investors section of the CoStar Group website: https://investors.costargroup.com. A replay of the webc.
The Zacks Computers - IT Services Industry participants, ServiceNow (NOW), CoStar (CSGP), Amdocs (DOX), and Nutanix (NTNX), are benefiting from ongoing digitization, strong demand for hybrid working solutions and improving IT spending.
EXP, GEF and CSGP made it to the Zacks Rank #1 (Strong Buy) momentum stocks list on June 13, 2023.
Intuitive Surgical continues to benefit from its razor/blade model. Investors like Meta Platforms' renewed focus on the bottom line.
CoStar Group's (CSGP) first-quarter 2023 results reflect solid top-line growth, led by the Apartments.com and Multifamily business segments.
CoStar Group (CSGP) came out with quarterly earnings of $0.29 per share, beating the Zacks Consensus Estimate of $0.25 per share. This compares to earnings of $0.31 per share a year ago.