earnings
confidence high
sentiment positive
materiality 0.75
CoStar Group 2022 revenue $2.18B (+12% YoY); Q4 EPS $0.31; record bookings $305M
COSTAR GROUP, INC.
2022-FY EPS reported
$0.93
revenue$2,182,399,000
- Full year 2022 revenue $2.18B (+12% YoY); net income $369M (+26%); diluted EPS $0.31 for Q4.
- Record net new bookings $305M (+41% YoY); Apartments.com Q4 bookings up 177% YoY.
- 2023 guidance: revenue $2.46-2.48B (~13% growth); adjusted EBITDA $500-520M; non-GAAP EPS $1.06-1.09.
- Homes.com traffic passed 20M unique monthly visitors, doubled in recent months; residential investments to increase.
- Adjusted EBITDA $672M full year, $182M Q4.