CoStar Group’s Fiscal 2023 Outlook
<p>RBC Capital shared its outlook on <a href='https://financialmodelingprep.com/financial-summary/CSGP'>CoStar Group, Inc. (NASDAQ:CSGP)</a> for fiscal 2023, expecting revenue and EBITDA guidance to be in line with the Street estimates but EPS is likely to come in above the expectations.</p>
<p>According to the analyst, the company should deliver modest 2023 margin expansion as incremental residential investment, namely in content, technology, and Sales & Marketing expenses, is more than offset by operating leverage. </p>
<p>Defensive CoStar (Suite) and continued recovery in counter-cyclical Multifamily, where the analysts model a return to 20% growth by Q4/23, bode well for sustained 2023 revenue growth.</p>

NASDAQ:CSGP