Analysts expect CoStar Gr to report an earnings per share (EPS) of $0.16.
The announcement from CoStar Gr is eagerly anticipated, with investors seeking news of surpassing estimates and favorable guidance for the next quarter.
It's worth noting for new investors that guidance can be a key determinant of stock price movements.
Performance in Previous Earnings
The company's EPS beat by $0.06 in the last quarter, leading to a 2.02% increase in the share price on the following day.
Here's a look at CoStar Gr's past performance and the resulting price change:
Quarter
Q2 2024
Q1 2024
Q4 2023
Q3 2023
EPS Estimate
0.09
0.07
0.32
0.3
EPS Actual
0.15
0.10
0.33
0.3
Price Change %
2.0%
9.0%
3.0%
-4.0%
Stock Performance
Shares of CoStar Gr were trading at $79.25 as of October 18. Over the last 52-week period, shares are up 4.62%. Given that these returns are generally positive, long-term shareholders are likely bullish going into this earnings release.
Analyst Opinions on CoStar Gr
For investors, grasping market sentiments and expectations in the industry is vital. This analysis explores the latest insights regarding CoStar Gr.
Analysts have provided CoStar Gr with 9 ratings, resulting in a consensus rating of Outperform. The average one-year price target stands at $98.56, suggesting a potential 24.37% upside.
Comparing Ratings with Peers
The analysis ...
