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MarketScreener Homepage  >  Equities  >  Nasdaq  >  CoStar Group, Inc.    CSGP

COSTAR GROUP, INC.

(CSGP)
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CoStar : to Report Financial Results for Third Quarter 2020 on October 27, 2020

10/29/2020 | 11:35am EST

Oct 01, 2020

WASHINGTON - October 1, 2020 -- CoStar Group, Inc. (NASDAQ: CSGP) will announce financial results for the third quarter 2020 following the market close on Tuesday, October 27, 2020. Management will conduct a conference call to discuss the second quarter results, as well as the Company's outlook at 5:00 PM ET that same day.

To participate in the conference call, please register online in advance at http://www.directeventreg.com/registration/event/9987236. After registering, participants will receive dial-in information as well as a passcode and registrant ID. At the time of the call, participants will dial in using the numbers on the confirmation email and enter their passcode and ID, upon which they will be entered into the conference.

A live audio webcast of the conference will be available in listen-only mode through the Investors section of the CoStar Group website: https://investors.costargroup.com.

A replay of the webcast audio will also be available in the Investors section of our website for a period of time following the call.

Investor Contacts:

Scott Wheeler
Chief Financial Officer
(202) 336-6920
swheeler@costar.com

Sarah Spray
Vice President
Investor Relations
(202) 346-6394
sspray@costar.com

# # #

About CoStar Group, Inc.

CoStar Group, Inc. (NASDAQ: CSGP) is the leading provider of commercial real estate information, analytics and online marketplaces. Founded in 1987, CoStar Group conducts expansive, ongoing research to produce and maintain the largest and most comprehensive database of commercial real estate information. Our suite of online services enables clients to analyze, interpret and gain unmatched insight on commercial property values, market conditions and current availabilities. STR provides premium data benchmarking, analytics and marketplace insights for the global hospitality sector. Ten-X provides a leading platform for conducting commercial real estate online auctions and negotiated bids. LoopNet is the most heavily trafficked commercial real estate marketplace online with over 7 million monthly unique visitors. Realla is the UK's most comprehensive commercial property digital marketplace. Apartments.com, ApartmentFinder.com, ForRent.com, ApartmentHomeLiving.com, Westside Rentals, AFTER55.com, CorporateHousing.com, ForRentUniversity.com and Apartamentos.com form the premier online apartment resource for renters seeking great apartment homes and provide property managers and owners a proven platform for marketing their properties. CoStar Group's websites attracted an average of approximately 62 million unique monthly visitors in aggregate in the second quarter of 2020. Headquartered in Washington, DC, CoStar Group maintains offices throughout the U.S. and in Europe, Canada and Asia with a staff of over 4,200 worldwide, including the industry's largest professional research organization. For more information, visit www.costargroup.com

This news release and the Company's earnings conference call and audio replay contain 'forward-looking statements' within the meaning of the Private Securities Litigation Reform Act of 1995. Such statements include, but are not limited to, statements about CoStar Group's plans, objectives, expectations, beliefs and intentions and other statements including words such as 'hope,' 'anticipate,' 'may,' 'believe,' 'expect,' 'intend,' 'will,' 'should,' 'plan,' 'estimate,' 'predict,' 'continue' and 'potential' or the negative of these terms or other comparable terminology. Such statements are based upon the current beliefs and expectations of management of CoStar Group and are subject to many risks and uncertainties. Actual results may differ materially from the results anticipated in the forward-looking statements and the assumptions and estimates used as a basis for the forward-looking statements. More information about potential factors that could cause results to differ materially from those anticipated in the forward-looking statements include, but are not limited to, those stated in CoStar Group's filings from time to time with the Securities and Exchange Commission, including in CoStar Group's Annual Report on Form 10-K for the year ended December 31, 2019, and CoStar Group's Quarterly Report on Form 10-Q for the quarter ended June 30, 2020, each of which is filed with the SEC, including in the 'Risk Factors' section of those filings, as well as CoStar Group's other filings with the SEC (including Current Reports on Form 8-K) available at the SEC's website (www.sec.gov). All forward-looking statements are based on information available to CoStar Group on the date hereof, and CoStar Group assumes no obligation to update or revise any forward-looking statements, whether as a result of new information, future events or otherwise.

Disclaimer

CoStar Group Inc. published this content on 01 October 2020 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 29 October 2020 16:34:11 UTC


© Publicnow 2020
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Financials (USD)
Sales 2020 1 649 M - -
Net income 2020 253 M - -
Net cash 2020 2 918 M - -
P/E ratio 2020 132x
Yield 2020 -
Capitalization 34 691 M 34 691 M -
EV / Sales 2020 19,3x
EV / Sales 2021 16,5x
Nbr of Employees 4 337
Free-Float 98,8%
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Technical analysis trends COSTAR GROUP, INC.
Short TermMid-TermLong Term
TrendsBullishBullishBullish
Income Statement Evolution
Consensus
Sell
Buy
Mean consensus BUY
Number of Analysts 14
Average target price 947,69 $
Last Close Price 880,09 $
Spread / Highest target 13,6%
Spread / Average Target 7,68%
Spread / Lowest Target -14,6%
EPS Revisions
Managers
NameTitle
Andrew C. Florance President, Chief Executive Officer & Director
Michael R. Klein Chairman
Scott T. Wheeler Chief Financial Officer
Frank A. Simuro Chief Technology Officer
Jason Butler Chief Information Officer
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