NASDAQ$CSGP
CoStar Group Inc · Q4 2019 earnings
Q4 2019 earnings · · Investor relations
Briefing
CoStar Group's revenue and net income increased year-over-year.
CoStar Group reported Q4 2019 revenue of $375 million, a 19% increase year-over-year. Net income for the quarter was $88 million, up 5% compared to the previous year.
- CoStar Group's Q4 2019 revenue increased by 19% year-over-year, reaching $375 million.
- Net income for Q4 2019 was $88 million, a 5% increase compared to Q4 2018.
- Full-year 2019 revenue was $1.4 billion, a 17% increase over 2018.
- The company expects revenue in the range of $1.650 billion to $1.665 billion for the full year of 2020.
Headline financials
Revenue & EPS history
CoStar · Revenue · Quarterly
$375M
Revenue by segment
CoStar · $311M total across 3 segments · Q3 2023
- CoStar$233M+9.7%75.0%
- LoopNet$67.5M+14.6%21.7%
- Residential$10.3M-46.8%3.3%
Forward guidance
The Company expects revenue in the range of $1.650 billion to $1.665 billion for the full year of 2020 and adjusted EBITDA in a range of $520 million to $530 million.
Tailwinds
- Full year 2020 revenue contribution from STR of $61 to $63 million is expected.
- Revenue for the first quarter of 2020 is expected in the range of $387 million to $392 million, representing revenue growth of 19% at the midpoint of the range.
- Adjusted EBITDA for the first quarter of 2020 is expected in a range of $115 million to $120 million.
- Full-year 2020 non-GAAP net income per diluted share is expected in a range of $10.20 to $10.40 based on 36.8 million shares.
- Non-GAAP net income per diluted share for the first quarter of 2020 is expected in a range of $2.25 to $2.35 based on 36.7 million shares.
Headwinds
- Forward-looking statements are subject to risks and uncertainties.
- Actual results may differ materially from the results anticipated in the forward-looking statements.
- Trends related to revenue, net income, non-GAAP net income, EBITDA, adjusted EBITDA, and sales bookings may not be sustained at the current pace.
- The Company may be unable to sustain current revenue, earnings and bookings growth rates or increase them.
- CoStar’s and STR’s products may not be combined successfully into a seamless integrated platform when or as expected.
Historical earnings impact
How earnings announcements have historically affected this stock's price.
Avg. return before/after earnings
Based on 20 quarterly earnings reports · overlaid with Q4 2019
+1.0%
Avg return
Earnings day
-0.3%
Avg return
5 days after
+0.0%
Avg return
30 days after
59%
39 / 66 earnings
Positive
+16.2%
Q2 2013
Best reaction
-17.6%
Q4 2021
Worst reaction
| Quarter | Report date | Reaction (Day 0) | +5 days | +30 days |
|---|---|---|---|---|
| Q1 2026 | -0.8% | -4.2% | -10.9% | |
| Q4 2025 | +2.7% | -8.1% | -19.1% | |
| Q3 2025 | -10.1% | -11.3% | -12.1% | |
| Q2 2025 | +1.9% | +0.3% | -1.3% | |
| Q1 2025 | -10.3% | -6.8% | -11.1% | |
| Q4 2024 | +5.0% | +2.7% | +4.0% | |
| Q3 2024 | -5.9% | -3.7% | -0.5% | |
| Q2 2024 | +1.1% | +4.0% | +0.1% | |
| Q1 2024 | +7.8% | +8.6% | +0.4% | |
| Q4 2023 | +3.2% | +4.2% | +20.1% | |
| Q3 2023 | -3.2% | -3.6% | +14.5% | |
| Q2 2023 | -6.8% | -9.8% | -12.2% | |
| Q1 2023 | +2.4% | +9.5% | +10.3% | |
| Q4 2022 | -7.0% | -8.8% | -15.1% | |
| Q3 2022 | +12.1% | +16.1% | +12.1% | |
| Q2 2022 | +13.1% | +17.9% | +17.7% | |
| Q1 2022 | +1.7% | +1.5% | -5.2% | |
| Q4 2021 | -17.6% | -5.0% | +3.8% | |
| Q3 2021 | -9.4% | -13.2% | -19.6% | |
| Q2 2021 | -2.6% | -0.5% | -7.2% | |
| Q1 2021 | -7.6% | -8.4% | -9.5% | |
| Q4 2020 | -4.6% | -6.0% | -8.4% | |
| Q3 2020 | -4.5% | -0.9% | +5.9% | |
| Q2 2020 | +15.3% | +18.2% | +17.7% | |
| Q1 2020 | +5.4% | +0.8% | +4.7% | |
| Q4 2019 | -3.5% | -5.6% | -17.5% | |
| Q3 2019 | -3.8% | -4.1% | -0.4% | |
| Q2 2019 | +7.6% | +8.6% | +5.5% | |
| Q1 2019 | -2.6% | +0.2% | +5.6% | |
| Q4 2018 | +10.5% | +16.0% | +12.3% | |
| Q3 2018 | -6.7% | -7.8% | -6.8% | |
| Q2 2018 | +1.6% | -2.1% | +0.9% | |
| Q1 2018 | +2.1% | -2.1% | +1.0% | |
| Q4 2017 | -0.1% | +0.4% | +2.7% | |
| Q3 2017 | +3.0% | +4.9% | +10.5% | |
| Q2 2017 | -2.7% | -2.3% | +0.6% | |
| Q1 2017 | +9.5% | +12.2% | +19.8% | |
| Q4 2016 | -4.6% | -3.5% | -1.7% | |
| Q3 2016 | -9.2% | -11.6% | -3.9% | |
| Q2 2016 | -7.5% | -8.3% | -7.2% | |
| Q1 2016 | +6.3% | — | — | |
| Q4 2015 | -0.9% | — | — | |
| Q3 2015 | +6.0% | — | — | |
| Q2 2015 | -1.8% | — | — | |
| Q1 2015 | +2.1% | — | — | |
| Q4 2014 | +4.8% | — | — | |
| Q3 2014 | +6.8% | — | — | |
| Q2 2014 | +7.9% | — | — | |
| Q1 2014 | -6.8% | — | — | |
| Q4 2013 | +0.1% | — | — | |
| Q3 2013 | +0.1% | — | — | |
| Q2 2013 | +16.2% | — | — | |
| Q1 2013 | -0.3% | — | — | |
| Q4 2012 | +4.9% | — | — | |
| Q3 2012 | +6.9% | — | — | |
| Q2 2012 | +4.7% | — | — | |
| Q1 2011 | +0.1% | — | — | |
| Q1 2012 | +3.9% | — | — | |
| Q4 2009 | +4.3% | — | — | |
| Q4 2011 | +4.3% | — | — | |
| Q3 2010 | +7.6% | — | — | |
| Q3 2011 | +7.6% | — | — | |
| Q2 2010 | +3.2% | — | — | |
| Q4 2010 | +3.2% | — | — | |
| Q2 2011 | +3.2% | — | — | |
| Q1 2010 | -0.9% | — | — |
Discussion
Share your read of this quarter. Sign-in carries your eToro identity.
Join the conversation
Sign in with eToro to post your read of this quarter and vote on others'.
Sign in with eToro