Loading...
•
Dec 31, 2019
CoStar Q4 2019 Earnings Report
CoStar Group's revenue and net income increased year-over-year.
Key Takeaways
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.
Revenue by Segment
Revenue by Geographic Location
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.
Positive Outlook
- 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.
Challenges Ahead
- Forward-looking statements are subject to risks and uncertainties.
- Actual results may differ materially from the results anticipated in the forward-looking statements.
Revenue & Expenses
Visualization of income flow from segment revenue to net income
Historical Earnings Impact
Analyze how earnings announcements historically affect stock price performance
Avg. Return Before/After Earnings
Loading earnings performance data...
Loading earnings reaction data...