CoStar Gr Q3 EPS $0.30, Inline, Sales $624.67M Miss $625.87M Estimate
Portfolio Pulse from Happy Mohamed
CoStar Gr (NASDAQ:CSGP) reported Q3 earnings of $0.30 per share, in line with analyst consensus. However, the company's quarterly sales of $624.67M missed the analyst consensus estimate of $625.87M by 0.19 percent. This represents a 12.16 percent increase over sales of $556.92M in the same period last year.
October 24, 2023 | 8:07 pm
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NEUTRAL IMPACT
CoStar Gr's Q3 earnings met expectations, but sales slightly missed estimates. This could lead to a mixed market reaction.
CoStar Gr's earnings were in line with expectations, which is generally positive for the stock. However, the slight miss on sales could temper investor enthusiasm. The overall impact is likely to be neutral in the short term.
CONFIDENCE 85
IMPORTANCE 75
RELEVANCE 100