CoStar Group 2018 Net Income Increases 94% Year-Over-Year on Revenue Growth of 23%
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Costar Group (CSGP) Tops Q4 EPS by 28c, Revenues Beat; Offers Q1 & FY19 EPS Guidance Above Consensus
February 26, 2019 4:07 PM ESTCostar Group (NASDAQ: CSGP) reported Q4 EPS of $2.81, $0.28 better than the analyst estimate of $2.53. Revenue for the quarter came in at $315.57 million versus the consensus estimate of $310.31 million.
2018 was an outstanding year for CoStar with strong revenue growth and substantial margin expansion, said Andrew C. Florance, Founder and Chief Executive Officer of CoStar Group. We achieved $1.2 billion in revenue for the full year and 44% adjusted EBITDA margin in the fourth quarter which significantly... More
