CoStar Group: I Still Expect Growth To Accelerate Back To High-Teens
Portfolio Pulse from
CoStar Group is expected to see accelerated growth, driven by strong performance in Apartments.com and Homes.com. The company reported 11% year-over-year revenue growth and a 47% sequential increase in adjusted EBITDA, showcasing strong operating leverage.
February 21, 2025 | 10:45 am
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POSITIVE IMPACT
CoStar Group's latest earnings report shows strong growth, with 11% y/y revenue increase and a 47% sequential rise in adjusted EBITDA. Apartments.com is a key driver with 13.4% y/y revenue growth.
The strong revenue growth and significant increase in adjusted EBITDA indicate robust financial health and operational efficiency. Apartments.com's performance, driven by high multifamily vacancy rates and pricing power, further supports the positive outlook.
CONFIDENCE 95
IMPORTANCE 90
RELEVANCE 100