CoStar Group, Inc. (CSGP) reported impressive first-quarter revenue of $897 million, a 22.5% increase year-over-year, and doubled its adjusted EBITDA to $132 million. However, the stock faced a 5% decline as market analysts assigned it a Zacks Rank of #4 (Sell), citing missed EPS estimates despite surpassing revenue forecasts. The company remains optimistic, reaffirming its full-year revenue guidance of $3.78 to $3.82 billion.
“CoStar Group · is down · -5% · -5%”
“CoStar Group · is down · more than -5% · after forecasting full-year revenue of $3.78 billion”
“CoStar Group · is down · value · more than -5%”
“CoStar Group · reported non-GAAP earnings of · 23 cents per share · first quarter of 2026”
“CoStar Group · surpassed the Zacks Consensus Estimate by · 30.16%”
“CoStar Group · reported earnings of · 15 cents per share · year-ago quarter”
“CoStar Group · reported revenues of · $897 million · up 22.5% year over year”
“CoStar Group · missed the Zacks Consensus Estimate by · 0.06%”
“CoStar Group · reported annualized net new bookings of · $67 million · up 20% from year-ago period”
“CSGP stock · lost · 5.48% · while writing this article”
“CoStar Group · reported commercial real estate revenue of · $472 million · up 15.4% year over year”
“CoStar Group · reported residential real estate revenue of · $425 million · up 31.6% year over year”
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