CoStar Sales Climb as AI Plans Ramp Up

Dow Jones

02/25

By Katherine Hamilton

CoStar posted a 27% jump in revenue as it wrapped up the launch of Homes.com and is focused on launching an AI-driven platform.

The real-estate data company on Tuesday posted a profit of $47 million, or 11 cents a share, compared with $60 million, or 15 cents a share, a year earlier.

Stripping out certain one-time items, adjusted per-share earnings were 31 cents, ahead of the 27 cents anticipated by analysts, according to FactSet.

Revenue rose to $900 million topping the forecast for $891.8 million, according to analysts surveyed by FactSet.

Chief Executive Andy Florance said the heavy lifting of launching the Homes.com national brand is now done. The company is focused on launching Homes AI, a vertical AI application for real estate, Florance said.

CoStar, which also owns Apartments.com and LoopNet, expects revenue to be $890 million to $900 million in the first quarter. Analysts were projecting $900.6 million.

The company anticipates first-quarter adjusted earnings per share of 16 cents to 19 cents, compared with the 25 cents Wall Street was projecting.

CoStar also reaffirmed the full-year guidance it shared in January.

Write to Katherine Hamilton at katherine.hamilton@wsj.com

(END) Dow Jones Newswires

February 24, 2026 16:19 ET (21:19 GMT)

Copyright (c) 2026 Dow Jones & Company, Inc.

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The company is focused on launching Homes AI, a vertical AI application for real estate, Florance said. \n</p>\n<p>\n  CoStar, which also owns Apartments.com and LoopNet, expects revenue to be $890 million to $900 million in the first quarter. Analysts were projecting $900.6 million. \n</p>\n<p>\n  The company anticipates first-quarter adjusted earnings per share of 16 cents to 19 cents, compared with the 25 cents Wall Street was projecting. \n</p>\n<p>\n  CoStar also reaffirmed the full-year guidance it shared in January. \n</p>\n<pre style=\"white-space: pre\">\n \n</pre>\n<p>\n  Write to Katherine Hamilton at katherine.hamilton@wsj.com \n</p>\n<pre style=\"white-space: pre\">\n \n</pre>\n<p>\n  (END) Dow Jones Newswires\n</p>\n<p>\n  February 24, 2026 16:19 ET (21:19 GMT)\n</p>\n<p>\n  Copyright (c) 2026 Dow Jones &amp; Company, Inc.\n</p>\n</font>","source":null,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>CoStar Sales Climb as AI Plans Ramp Up</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 12.5px; color: #7E829C; margin: 0;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nCoStar Sales Climb as AI Plans Ramp Up\n</h2>\n<h4 class=\"meta\">\n<div class=\"head\" \">\n\n<div class=\"h-thumb\" style=\"background-image:url(https://static.tigerbbs.com/150f88aa4d182df19190059f4a365e99);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Dow Jones </p>\n<p class=\"h-time smaller\">2026-02-25 05:19</p>\n</div>\n</div>\n</h4>\n</header>\n<article>\n<font class=\"NormalMinus1\" face=\"Arial\">\n<p>\n  By Katherine Hamilton \n</p>\n<pre style=\"white-space: pre\">\n \n</pre>\n<p>\n  CoStar posted a 27% jump in revenue as it wrapped up the launch of Homes.com and is focused on launching an AI-driven platform. \n</p>\n<p>\n  The real-estate data company on Tuesday posted a profit of $47 million, or 11 cents a share, compared with $60 million, or 15 cents a share, a year earlier. \n</p>\n<p>\n  Stripping out certain one-time items, adjusted per-share earnings were 31 cents, ahead of the 27 cents anticipated by analysts, according to FactSet. \n</p>\n<p>\n  Revenue rose to $900 million topping the forecast for $891.8 million, according to analysts surveyed by FactSet. \n</p>\n<p>\n  Chief Executive Andy Florance said the heavy lifting of launching the Homes.com national brand is now done. The company is focused on launching Homes AI, a vertical AI application for real estate, Florance said. \n</p>\n<p>\n  CoStar, which also owns Apartments.com and LoopNet, expects revenue to be $890 million to $900 million in the first quarter. Analysts were projecting $900.6 million. \n</p>\n<p>\n  The company anticipates first-quarter adjusted earnings per share of 16 cents to 19 cents, compared with the 25 cents Wall Street was projecting. \n</p>\n<p>\n  CoStar also reaffirmed the full-year guidance it shared in January. \n</p>\n<pre style=\"white-space: pre\">\n \n</pre>\n<p>\n  Write to Katherine Hamilton at katherine.hamilton@wsj.com \n</p>\n<pre style=\"white-space: pre\">\n \n</pre>\n<p>\n  (END) Dow Jones Newswires\n</p>\n<p>\n  February 24, 2026 16:19 ET (21:19 GMT)\n</p>\n<p>\n  Copyright (c) 2026 Dow Jones &amp; Company, Inc.\n</p>\n</font>\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"CSGP","symbol_name":"科斯塔","start_time":0,"source_url":"https://dowjonesnews.com/newdjn/logon.aspx?AL=N","article_id":"2614280187","we_media_id":"106","thumbnails":[],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=2614280187","pubTimestamp":1771967940,"columns":[],"sourceInfo":null,"weMediaInfo":{"media_name":"Dow Jones","introduction":"Dow Jones publishes the world’s most trusted business news and financial information in a variety of media.","home_visible":0,"id":"106","head_image":"https://static.tigerbbs.com/150f88aa4d182df19190059f4a365e99"},"summary":"CoStar posted a 27% jump in revenue as it wrapped up the launch of Homes.com and is focused on launching an AI-driven platform.The real-estate data company on Tuesday posted a profit of $47 million, or 11 cents a share, compared with $60 million, or 15 cents a share, a year earlier.Stripping out certain one-time items, adjusted per-share earnings were 31 cents, ahead of the 27 cents anticipated by analysts, according to FactSet.Revenue rose to $900 million topping the forecast for $891.8 million, according to analysts surveyed by FactSet.Chief Executive Andy Florance said the heavy lifting of launching the Homes.com national brand is now done. 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Analysts were projecting $900.6 million.The company anticipates first-quarter adjusted earnings per share of 16 cents to","collect":0,"end_time":0,"defaultTopTitle":"","property":["earning"],"viewcount":null,"language":"en","relate_stocks":{"CSGP":"科斯塔"},"translate_title":"随着人工智能计划的推进，CoStar销售额攀升","themeId":null,"isJumpTheme":false,"ttsUrl":null,"symbols_score_info":{"CSGP":1.5},"content_text":"By Katherine Hamilton \n\n\n \n\n\n  CoStar posted a 27% jump in revenue as it wrapped up the launch of Homes.com and is focused on launching an AI-driven platform. \n\n\n  The real-estate data company on Tuesday posted a profit of $47 million, or 11 cents a share, compared with $60 million, or 15 cents a share, a year earlier. \n\n\n  Stripping out certain one-time items, adjusted per-share earnings were 31 cents, ahead of the 27 cents anticipated by analysts, according to FactSet. \n\n\n  Revenue rose to $900 million topping the forecast for $891.8 million, according to analysts surveyed by FactSet. \n\n\n  Chief Executive Andy Florance said the heavy lifting of launching the Homes.com national brand is now done. 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