CoStar Expects Q3 Adj EPS Of Of $0.15 - $0.16, Est $0.09
Portfolio Pulse from Benzinga Newsdesk
CoStar Group (CSGP) has raised its Q3 adjusted EPS guidance to $0.15 - $0.16, surpassing the estimated $0.09. The company also increased its full-year 2024 adjusted EBITDA guidance to $195 million - $205 million, and expects Q3 2024 adjusted EBITDA to be in the range of $47 million - $52 million.
July 23, 2024 | 8:17 pm
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CoStar Group has raised its Q3 adjusted EPS guidance to $0.15 - $0.16, exceeding the estimated $0.09. The company also increased its full-year 2024 adjusted EBITDA guidance to $195 million - $205 million, and expects Q3 2024 adjusted EBITDA to be in the range of $47 million - $52 million.
The raised guidance for Q3 adjusted EPS and full-year 2024 adjusted EBITDA indicates strong financial performance and positive future outlook, likely leading to a short-term increase in stock price.
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