CoStar Group Second Quarter 2020 Revenues Increase 16% Year-over-Year with June Sales Reaching All Time Record of $22 Million While Cash Position Exceeds $3.5 Billion

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JPMorgan Double Upgrades CoStar Group (CSGP) to Overweight

July 29, 2020 5:47 AM EDT

JPMorgan analyst Sterling AUty upgraded CoStar Group (NASDAQ: CSGP) from Underweight to Overweight with a price target of $900.00 (from $660.00).

The analyst comments "CoStar is the leading provider of information services and marketplaces for the commercial real estate and multifamily markets, with a total... More

Costar Group (CSGP) Tops Q2 EPS by 34c

July 28, 2020 4:27 PM EDT

Costar Group (NASDAQ: CSGP) reported Q2 EPS of $2.34, $0.34 better than the analyst estimate of $2.00. Revenue for the quarter came in at $397 million versus the consensus estimate of $390.23 million.

GUIDANCE:

Costar Group sees FY2020 EPS of $9.22-$9.42, versus the consensus of... More