Post-earnings recap
Reported
Tue, Jul 28, 2026
EPS actual
$0.32
EPS est.
$0.21
EPS surprise
+52.38%
1-day move
+3.98%
CoStar Group's earnings report showed a significant earnings per share beat, which likely contributed to a positive stock reaction, with shares rising nearly 4%. However, the lack of revenue data and management commentary leaves some uncertainty about the overall business performance and future outlook.
| Metric | Actual | Expected | Surprise |
|---|---|---|---|
| EPS | $0.32 | N/A | +52.38% |
| Revenue | N/A | N/A | N/A |
No transcript is on record, and the analysis is based solely on numerical results.
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Est. EPS
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Est. Rev
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Impl. Move
±3.5%
CoStar Group, Inc. is a leading provider of information, analytics, and online marketplaces for the commercial real estate industry. With a market cap of $13 billion, the company plays a crucial role in helping businesses make informed decisions about real estate investments, especially in a changing economic landscape.
Last quarter
In Q1 2026, CoStar reported an EPS of $0.01, significantly missing the estimate of $0.11, which raised concerns about its profitability. The stock reacted negatively, declining by 0.77% the following day.
Management promises and guidance
EPS beat streak
1Q
EPS beat rate
63%
Avg EPS surprise
+39.89%
Avg 1-day reaction
+1.08%
Overall, investors are cautious following the significant EPS miss last quarter, leading to lowered expectations for Q2 2026. The company needs to demonstrate improved financial performance to regain investor confidence.
Bull case
If CoStar can exceed EPS expectations and show strong revenue growth, it could signal a turnaround in profitability and attract more investors, potentially boosting the stock price.
Bear case
Conversely, if the company fails to meet expectations again or provides weak guidance, it could lead to further declines in stock price and investor sentiment.
Key metrics to watch
Earnings Per Share (EPS)
$0.11EPS is a key indicator of a company's profitability and financial health, which investors closely monitor.
Revenue Growth
N/ARevenue growth reflects the company's ability to expand its business and attract more clients, which is vital for long-term success.
The print will turn on these.
Q1
Will EPS exceed the expected $0.11, and by how much?
A significant EPS beat could restore investor confidence and indicate a recovery in profitability.
Q2
What insights can management provide on revenue growth and market demand?
Understanding the company's outlook on revenue and market conditions will be crucial for assessing future performance.
Why consensus could be wrong
The Street may be underestimating CoStar's ability to rebound from its last quarter's miss, as the company's recent investments in technology and analytics could drive unexpected growth.
Supporting evidence
The options market is pricing a 6.22% move, which is significantly higher than the historical average of 1.04%.
CoStar has a history of surprising investors positively, with a 63% EPS beat rate over the last eight quarters.
Management's commitment to enhancing data analytics could lead to improved revenue streams not yet factored into current estimates.
Key risk
If the company reports an EPS above $0.15, it could challenge the current bearish sentiment and shift investor expectations.
Pre-commit to what would confirm each case.
This quarter's performance is critical as it follows a significant EPS miss, and investors are looking for signs of recovery.
Bull confirmed if
An EPS of $0.15 or higher would confirm a positive turnaround and strong demand in the market.
Bear confirmed if
An EPS below $0.05 would signal ongoing struggles and could lead to further declines in stock price.
What the market is pricing for the move.
Implied Move
±6.22%
Historical Avg
±1.4%
The options market is pricing in a significant move for CoStar's stock following the earnings report, indicating heightened uncertainty among investors.
Options are pricing ±6.2% while CSGP has averaged ±1.4% over the last 8 prints — setup is pricing rich.
ATM IV
0.6%
30d HV
35.8%
Cross-company pattern from 30 similar setups.
Prior-quarter miss + options pricing rich in Real Estate
Fade rate: 16 of 30 (53%)
This setup has occurred 30 times across Real Estate in the last 2 years. 16 of 30 faded and 14 held — no strong directional bias after the initial reaction. The average absolute 1-day move is 1.8%, with a raw directional average of +0.9% (modestly positive historical bias).
Likely market behavior by outcome. Not investment advice.
Beat & raise
If CoStar beats expectations, history suggests a potential average move of +0.29%, confirming a positive shift in investor sentiment.
In line / cautious
If results are in line but cautious, the stock may see muted reactions as investors await clearer guidance.
Miss
A miss could lead to a decline, with history suggesting an average move of +0.76% on misses, indicating further investor caution.
House and Senate STOCK Act disclosures over the trailing 6 months.
Trades
1
1 buy·0 sells
Members
1
House only
Est. Notional
$1,001.00–$15,000.00
disclosed dollar ranges
Most Active Members
1 trade
The lines on the call that would change the story.
Market Demand Indicators
N/AUnderstanding market demand for real estate services can provide insights into future revenue potential and overall industry health.
Net buying
Recent Transactions
Traded Aug 19, 2026 · disclosed Sep 10, 2026
$1,001.00–$15,000.00
Filed 30–45+ days after the trade. Treat as positional context, not a leading indicator. Amounts are SEC-mandated dollar ranges, not exact values.