CoStar Group First Quarter 2025 Earnings: EPS Misses Expectations

Simplywall
2025.05.06 21:01
portai
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CoStar Group (NASDAQ:CSGP) reported a net loss of $14.8 million for Q1 2025, a significant decline from a profit of $6.7 million in Q1 2024. Revenue increased by 12% to $732.2 million, aligning with analyst estimates, but earnings per share (EPS) of -$0.036 fell short of expectations. The company forecasts an average revenue growth of 11% annually over the next three years, compared to 10% for the US Real Estate industry. CoStar's shares have dropped 5.7% in the past week, and a warning sign has been identified regarding its performance.