BRIEF-CoStar Group Q1 EPS USD -0.04 Vs. IBES Estimate USD 0.1

Reuters
30 Apr
BRIEF-CoStar Group Q1 EPS USD -0.04 Vs. IBES Estimate USD 0.1

Apr 29 (Reuters) - CoStar Group Q1 net income USD -15 million vs. IBES estimate USD 40.3 million.

  • Q1 revenue USD 732 million vs. IBES estimate USD 730 million
  • Q1 income from operations USD -42.8 million vs. IBES estimate USD -25.3 million
  • Q1 pretax profit USD -6.7 million
  • Q1 gross profit USD 578.9 million
  • outlook FY adjusted EBITDA USD 355-385 million
  • outlook Q2 adjusted EBITDA USD 50-60 million
  • outlook FY revenue USD 3,115-3,155 million
  • outlook Q2 revenue USD 770-775 million

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