CoStar Group Raises FY22 Outlook

Online real estate marketplace provider CoStar Group, Inc. (CSGP) on Tuesday lifted its outlook for full year 2022.

The company expects full year 2022 adjusted income per diluted share in a range of $1.09 to $1.13, up from the guidance of $0.98 - $1.03 per share made earlier.

The Company is raising its revenue guidance to a range of $2.17 billion to $2.18 billion for fiscal 2022 from the earlier range of $2.15 billion to $2.17 billion.

On average, 12 analysts expect the company to post earnings of $1.02 per share on revenues of $2.17 billion for fiscal 2022.

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