CoStar Group News

CoStar Group Hotel News Resource / Jul 30, 2020

U.S. hotel performance data for the week ending 25 July showed slightly higher occupancy and room rates from the previous week, according to STR. 19-25 July 2020 (percentage change from comparable week in 2019): Occupancy: 48.1% (-37.9%) Average daily rate (ADR): US$99.24 (-27.3%) Revenue per available room (RevPAR): US$47.75 (-54.8%) U.S.

CoStar Group Citybizlist Real Estate / Jul 30, 2020

Hotel revenues last week continued to decrease by 50%, compared with the same week last year, according to new data from STR Inc., a division of CoStar Group providing market data on the U.S. hospitality industry. Last week, STR had reported that the U.S. hospitality industry had marked its worst quarter yet.

CoStar Group marketscreener.com / Jul 30, 2020

The following Management's Discussion and Analysis of Financial Condition and Results of Operations contains "forward-looking statements," including statements about our beliefs and expectations. There are many risks and uncertainties that could cause actual results to differ materially from those discussed in the forward-looking statements.

CoStar Group TheStreet / Jul 30, 2020

The Dow, the Nasdaq, and the S&P 500 all turned positive Wednesday as investors wait to hear from the Fed and react to the latest quarterly earnings coming in from companies. Apple reports earnings on Thursday, and TheStreet's Apple Maven is analyzing whether Apple "Bulls" or "Bears" are in the right position before its quarterly report.

CoStar Group The Daily Progress / Jul 30, 2020

Virginia Humanities will move its headquarters next year to the Dairy Central development on the grounds of the former Monticello Dairy building at Grady and Preston avenues, officials for the development and the organization say. The nonprofit state humanities council is designing its new office to include spaces for public discussions, programs, exhibitions and education, officials said.

CoStar Group Bulletin Line / Jul 30, 2020

The Real Estate Software market is expected to grow from USD X.X million in 2020 to USD X.X million by 2026, at a CAGR of X.X% during the forecast period. The global Real Estate Software market report is a comprehensive research that focuses on the overall consumption structure, development trends, sales models and sales of top countries in the global Real Estate Software market.

CoStar Group GuruFocus.com / Jul 30, 2020

Performance It has been a volatile first half to the year. Baron Focused Growth Fund's (the "Fund") investments fell in the first quarter due to concerns about the Coronavirus and its impact on these businesses. Those investments then experienced dramatic rebounds in the second quarter as the U.S.

CoStar Group Investor's Business Daily / Jul 30, 2020

On Thursday, Costar ( CSGP) reached an important performance benchmark, seeing its Relative Strength (RS) Rating jump into the 80-plus percentile with an improvement to 88, up from 80 the day before. When looking for the best stocks to buy and watch, one factor to watch closely is relative price strength.

CoStar Group GuruFocus.com / Jul 30, 2020

Performance Baron WealthBuilder Fund (the "Fund") advanced considerably in the second quarter of 2020 and meaningfully exceeded its comparable benchmarks. The Fund gained 35.46% (Institutional Shares) in the quarter. The S&P 500 Index (the "Index") gained 20.54%. The MSCI ACWI Index, which measures global markets, increased 19.22%.

CoStar Group Benzinga / Jul 30, 2020

Eastman Kodak Company (NYSE: KODK) shares climbed 318.1% to close at $33.20 on Wednesday following comments by President Trump indicating the US has reached a 'historic' deal with the company to produce critical pharmaceuticals. Eastman Kodak shares jumped over 200% on Tuesday after the company announced it is pivoting to drug ingredient development and announced a large government loan.

CoStar Group Motley Fool / Jul 29, 2020

( CoStar Group, Inc. NASDAQ:CSGP) Q2 2020 Earnings Call, 5:00 p.m. ET Prepared Remarks Questions and Answers Call Participants Operator Ladies and gentlemen, thank you for standing by and welcome to the CoStar Group's Second Quarter 2020 Earnings Conference Call. [Operator Instructions] Please be advised that today's conference is being recorded.

CoStar Group Business Wire / Jul 29, 2020

WASHINGTON--()--CoStar Group, Inc. (NASDAQ: CSGP), the leading provider of commercial real estate information, analytics and online marketplaces, announced today that revenue for the quarter ended June 30, 2020, was $397 million, an increase of 16% over revenue of $344 million for the second quarter of 2019.

CoStar Group Yahoo Finance / Jul 29, 2020

CoStar Group (CSGP) came out with quarterly earnings of $2.34 per share, beating the Zacks Consensus Estimate of $2.04 per share. This compares to earnings of $2.23 per share a year ago. These figures are adjusted for non-recurring items. This quarterly report represents an earnings surprise of 14.71%.

CoStar Group Nasdaq / Jul 29, 2020

(RTTNews) - CoStar Group Inc. (CSGP) will host a conference call at 5:00 PM ET on July 28, 2020, to discuss Q2 20 earnings results. To access the live webcast, log on to http://investors.costargroup.com To listen to the call, dial (833) 714-0936 (US) or (778) 560-2890 (International), Conference ID 9066087.

CoStar Group Nasdaq / Jul 29, 2020

(RTTNews) - CoStar Group, Inc. (CSGP) announced earnings for second quarter that decreased from the same period last year. The company's profit came in at $60.36 million, or $1.60 per share. This compares with $63.25 million, or $1.73 per share, in last year's second quarter. Excluding items, CoStar Group, Inc.

CoStar Group MarketBeat / Jul 29, 2020

CoStar Group (NASDAQ:CSGP) updated its FY20 earnings guidance. The company provided EPS guidance of $9.22-9.42 for the period, compared to the consensus estimate of $9.28. The company also issued revenue guidance of $1.63-1.64 billionillion, compared to the consensus estimate of $1.59 billionillion.

CoStar Group Houston Chronicle / Jul 29, 2020

WASHINGTON (AP) _ CoStar Group Inc. (CSGP) on Tuesday reported second-quarter profit of $60.4 million. The Washington-based company said it had net income of $1.60 per share. Earnings, adjusted for one-time gains and costs, were $2.34 per share. The results topped Wall Street expectations.

CoStar Group CoStar Group / Jul 29, 2020

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CoStar Group Yahoo Finance / Jul 29, 2020

Q2 2020 CoStar Group Inc Earnings and Completed Acquisition of Ten-X Commerical Call WASHINGTON Jul 29, 2020 (Thomson StreetEvents) -- Edited Transcript of CoStar Group Inc earnings conference call or presentation Tuesday, July 28, 2020 at 9:00:00pm GMT TEXT version of Transcript ================================================================================ Corporate Participants ================================================================================ * Andrew C.