| (USD) | Mar 2024 | Q/Q |
|---|---|---|
| Revenue | 656.4MM | +3% |
| Gross Profit | 515.2MM | +2% |
| Cost Of Revenue | 141.2MM | +4% |
| Operating Income | -42.8MM | -162% |
| Operating Expenses | 558MM | +28% |
| Net Income | 6.7MM | -93% |
| G&A | 98.5MM | -8% |
| Marketing | 366.1MM | +48% |
| Amortization | 11MM | +1% |
Short Volume Ratio = Short Volume / All Volume. Source of Short Volume data comes from
FinraMoving Average Convergence/Divergence oscillator (MACD) is one of the simplest and most effective momentum indicators available.
Relative Strength Index (RSI) is a momentum oscillator that measures the speed and change of price movements. RSI oscillates between zero and 100. According to Wilder, RSI is considered overbought when above 70 and oversold when below 30.
Key Financials and Strategic Moves Align with Analyst Projections
In this article, we will be covering the 25 biggest real estate companies in the US in 2024. If you wish to skip our detailed analysis, you can move directly to the 5 Biggest Real Estate Companies in the US in 2024. Latest Developments in the US Real Estate Market The US real estate market […]
Zillow Group stock was down 7.6% in after-hours trading, after the company’s first quarter revenue beat estimates with increases across its business segments. Blame a difficult environment for first-time home buyers, the company said in a letter to shareholders along with its earnings report. Zillow reported a net loss of $23 million in the quarter ended March 31, higher than the $22 million loss in the same quarter last year but narrower than the estimated loss of $34 million.
Zillow Group first quarter revenue beat estimates as its rentals and mortgages businesses increased. New home sales could be relatively insulated from the impact, since builders are able to reduce the cost to buyers through the use of incentives like mortgage rate buydowns, but sales of previously owned homes could suffer.
We also take a look at On Holding's appeal for shoe lovers and stockholders.
Matterport (NASDAQ:MTTR) got put out of its misery with the M&A stock news on April 22 that Washington D.C.-based CoStar Group (NASDAQ:CSGP) was buying the provider of spatial property data for $5.50 a share ($1.6 billion enterprise value) with half in cash and the other half in CoStar stock. CoStar, whose 27 brands — CoStar, LoopNet, Apartments.com, Homes.com, OnTheMarket, Ten-X, STR. Land.com and BizBuySell — are a few that provide proprietary real estate information to more than 100 million u
A massive buyout offer sent shares sharply higher.
Insightful Analysis of CoStar Group Inc's Market Position and Future Prospects
Baron Funds, an investment management company, released its “Baron Real Estate Fund” first quarter 2024 investor letter. A copy of the same can be downloaded here. The fund had a strong performance in the quarter and generated a gain of 8.28% (Institutional Shares). The Fund beat both the MSCI US REIT Index (the REIT Index), […]
CoStar Group ( NASDAQ:CSGP ) First Quarter 2024 Results Key Financial Results Revenue: US$656.4m (up 12% from 1Q 2023...