CoStar Group, Inc. Profit Advances In Q2

(RTTNews) - CoStar Group, Inc. (CSGP) revealed earnings for its second quarter that Increases, from the same period last year

The company's bottom line totaled $55 million, or $0.14 per share. This compares with $6 million, or $0.01 per share, last year.

Excluding items, CoStar Group, Inc. reported adjusted earnings of $128 million or $0.32 per share for the period.

The company's revenue for the period rose 18.4% to $925 million from $781 million last year.

CoStar Group, Inc. earnings at a glance (GAAP) :

-Earnings: $55 Mln. vs. $6 Mln. last year. -EPS: $0.14 vs. $0.01 last year. -Revenue: $925 Mln vs. $781 Mln last year.

-Guidance: Next quarter EPS guidance: $ 0.31 To $ 0.34 Next quarter revenue guidance: $ 935 M To $ 945 M Full year EPS guidance: $ 1.32 To $ 1.39 Full year revenue guidance: $ 3.715 B To $ 3.755 B