Mark your calendars for Tuesday 22nd October 2024, as CoStar Group (NASDAQ: CSGP) will be revealing its third quarter financial results. This highly awaited announcement is scheduled to take place after market close, pave the way to review a period of expectation and anticipation.
According to the predictions of financial experts on Wall Street, the concern is expected to announce an anticipated $0.16 profit per share for the quarter. Further, the firm is poised to disclose a total revenue of $696.1 million for the period.
During the same quarter of the previous year, the company's earnings report indicated a per-share income of $0.3. Moreover, the company generated a total revenue of $624.67 million during that specific quarter.
Wall Street analysts have unveiled their forecasts for the company's yearly performance, estimating a total revenue of $2.74 billion. Additionally, they expect the company to reach profit of $0.66 per share for the fiscal year.
| Period | EPS Actual |
EPS Growth* |
Revenue Actual |
Revenue Growth* |
|---|---|---|---|---|
| Historical Earnings Insight | ||||
| Q2 2024 | $0.15 | -51.6% | 677.80 M | +11.9% |
| Q1 2024 | $0.10 | -65.5% | 656.40 M | +12.3% |
| Q4 2023 | $0.33 | -13.2% | 640.10 M | +11.6% |
| Q3 2023 | $0.30 | 0% | 624.67 M | +12.2% |
| Q2 2023 | $0.31 | +10.7% | 605.91 M | +13.0% |
| *Growth on year-over-year basis | ||||
Additionally, The company will host a conference call with investors and analysts on 22nd October 2024 at 05:00 PM eastern time to review the Q3 2024 financial results.
During Friday's trading, CoStar Gr (CSGP) shares reached a low of $77.93 and a high of $79.78, along with a total volume of 2.72 million shares. The stock ended the regular trading session at $79.25, demonstrating an increase of 1.17 percent.
