CoStar Group sees Q2 EPS 27c-30c, consensus 27c

Sees Q2 revenue $922M-$932M, consensus $929.4M. “This quarter, we delivered strong revenue and Adjusted EBITDA growth as we exceeded the midpoint of our revenue guidance and exceeded the top-end of our Adjusted EBITDA guidance,” said Christian Lown, CFO of CoStar Group (CSGP). The Company reaffirms revenue in the range of $3.78 billion to $3.82 billion for the full year of 2026, representing revenue growth of approximately 17% year-over-year at the midpoint of the range. The Company expects revenue for the second quarter of 2026 in the range of $922 million to $932 million, representing revenue growth of approximately 19% year-over-year at the midpoint of the range. The Company is increasing its Adjusted EBITDA guidance for the full year of 2026 to a range of $780 million to $820 million, an increase of $30 million at the midpoint of the range from its previous guidance. For the second quarter of 2026, the Company expects Adjusted EBITDA in the range of $160 million to $180 million. The Company now expects full year 2026 Adjusted EPS in a range of $1.32 to $1.39 based on 409 million shares. For the second quarter of 2026, the Company expects Adjusted EPS in a range of $0.27 to $0.30 based on 409 million shares. These ranges include an estimated non-GAAP tax rate of 26% for the full year and the second quarter of 2026.”