CoStar Group Second Quarter 2018 Revenue Grows 25% Year-over-Year, Net Income Grows 98%, Company Raises Full-Year Revenue and Earnings Guidance

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Go back to CoStar Group Second Quarter 2018 Revenue Grows 25% Year-over-Year, Net Income Grows 98%, Company Raises Full-Year Revenue and Earnings Guidance

CoStar Group (CSGP) PT Raised to $475 at Needham & Company

July 25, 2018 9:07 AM EDT

Needham & Company raised its price target on CoStar Group (NASDAQ: CSGP) to $475.00 (from $450.00) while maintaining a Buy rating.

Analyst Mayank Tandon commented, "CSGP posted strong 2Q18 results, handily exceeding both our and consensus estimates. CSGP's core segments continue to deliver robust growth, with the... More

CoStar Group (CSGP) PT Raised to $470 at JMP Securities Following Strong 2Q

July 25, 2018 8:19 AM EDT

JMP Securities raised its price target on CoStar Group (NASDAQ: CSGP) to $470.00 (from $380.00) while maintaining a Market Outperform rating following the company's 2Q earnings report. CSGP reported non-GAAP EPS of $1.66 (consensus $1.31) on y/y revenue growth of 25% (consensus 24%) and y/y net new bookings... More

Costar Group (CSGP) Tops Q2 EPS by 35c

July 24, 2018 4:00 PM EDT

Costar Group (NASDAQ: CSGP) reported Q2 EPS of $1.66, $0.35 better than the analyst estimate of $1.31. Revenue for the quarter came in at $297 million versus the consensus estimate of $293.65 million.

GUIDANCE:

Costar Group sees Q3 2018 EPS of $2.02-$2.10, versus the consensus of... More