CoStar Group Q4 Profit Up - Quick Facts

(RTTNews) - CoStar Group Inc. (CSGP) Wednesday reported fourth-quarter profit of $12.80 million or $0.45 per share, up from $4.72 million or $0.17 per share in the same period last year.

Adjusted earnings for the quarter were $22.2 million or $0.78 per share. On average, seven analysts polled by Thomson Reuters expected the company to earn $0.74 per share for the quarter. Analysts' estimates typically exclude special items.

Revenues increased to $115.61 million from $100.08 million last year. Analysts expected revenues of $113.87 million.

Looking ahead to the first quarter, the company has forecast adjusted earnings in the order of $0.62 to $0.66 per share. Analysts currently expect first-quarter earnings of $0.62 per share.