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CoStar (CSGP) Reports Q4: Everything You Need To Know Ahead Of Earnings

StockStory - Mon Feb 23, 7:03AM CST
CSGP

CSGP Cover Image

Real estate data provider CoStar Group (NASDAQ:CSGP) will be announcing earnings results tomorrow after the bell. Here’s what investors should know.

CoStar beat analysts’ revenue expectations last quarter, reporting revenues of $833.6 million, up 20.4% year on year. It was a strong quarter for the company, with a beat of analysts’ EPS estimates and revenue guidance for next quarter exceeding analysts’ expectations.

Is CoStar a buy or sell going into earnings? Read our full analysis here, it’s free for active Edge members.

This quarter, the market is expecting CoStar’s revenue to grow 25.8% year on year, improving from the 10.8% increase it recorded in the same quarter last year.

CoStar Total Revenue

Analysts covering the company have generally reconfirmed their estimates over the last 30 days, suggesting they anticipate the business to stay the course heading into earnings. CoStar rarely misses Wall Street’s revenue estimates.

Looking at CoStar’s peers in the data & business process services segment, some have already reported their Q4 results, giving us a hint as to what we can expect. Broadridge delivered year-on-year revenue growth of 7.8%, beating analysts’ expectations by 6.5%, and SS&C reported revenues up 8.1%, topping estimates by 1.9%. Broadridge traded down 4.1% following the results while SS&C was up 3.2%.

Read our full analysis of Broadridge’s results here and SS&C’s results here.

Debates around the economy’s health and the impact of potential tariffs and corporate tax cuts have caused much uncertainty in 2025. While some of the data & business process services stocks have shown solid performance in this choppy environment, the group has generally underperformed, with share prices down 6.4% on average over the last month. CoStar is down 24.2% during the same time and is heading into earnings with an average analyst price target of $78.05 (compared to the current share price of $49.68).

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