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Costar Group CSGP - News Analyzed: 8,697 - Today: 100 - Last Week: 100 - Last Month: 500

β‡— Costar Group CSGP Reports Strong Q3 2025 Earnings Despite Share Decline

Costar Group CSGP Reports Strong Q3 2025 Earnings Despite Share Decline
CoStar Group (CSGP) has released their Q3 2025 earnings with a reported record revenue growth and a net new bookings increase year-over-year by 92% to $84 Million. Despite this, the company's shares decreased by 10.3%, following a profit squeeze and lawsuit. Also, the group's margin drop poses a challenge to the bullish growth narrative, despite strong forecasts. Nevertheless, CoStar maintains a positive U.S industrial and office outlook, projecting vacancy at 7.5% and rent growth to 1% by late 2026, respectively. In addition, investors appear to have reacted to an upward revision of guidance and Q3 earning beats. The group has updated its Q4 2025 earnings guidance and issues a warning of a potential decline in earnings. On a positive note, Q3 revenues surpassed estimates, and website updates promise enhanced transparency. Yet, the shares faced a downward trend even after beating earnings estimates. Other relevant mentions included stakeholders selling and buying shares, a rating upgrade from Jefferies Financial Group, alongside a suggested buy momentum from Goldman Sachs resulting from a traffic surge at Homes.com. Meanwhile, CoStar's Domain acquisition sets the stage for integration challenges and risks.

Costar Group CSGP News Analytics from Mon, 07 Apr 2025 07:00:00 GMT to Sat, 01 Nov 2025 11:37:15 GMT - Rating 4 - Innovation 7 - Information 8 - Rumor -3

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