CoStar Group Inc
CSGP: XNAS (USA)
| Morningstar Rating for Stocks | Fair Value | Economic Moat | Capital Allocation |
|---|---|---|---|
| !%$ | LOCK|jm<# | LOCK|$?rD?B |
Costar Group Earnings: Solid Results Overshadowed by Slight Revenue Guidance Cut; Shares Attractive
CoStar Group reported solid second-quarter results, with revenue and adjusted EBITDA growing by 18% and 116%, respectively, from a year ago. Still, the full-year revenue guidance, cut by 1.7% to $3,735 billion at the midpoint, remained the key focus, sending shares down in the low double digits.
