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Costar Group Inc Issues Q3 2013 Guidance; Revenue Guidance Above Analysts' Estimates; Raises FY 2013 Guidance


Wednesday, 24 Jul 2013 04:15pm EDT 

Costar Group Inc announced that for the third quarter of 2013, the it expects revenue in the range of approximately $110 million to $112 million, and approximately $434 million to $438 million for fiscal 2013, an increase of $6 million compared to the Company's prior guidance. For the third quarter of 2013, the Company currently expects non-GAAP net income per diluted share in the range of approximately $0.61 to $0.63. For fiscal 2013, the Company currently expects non-GAAP net income per diluted share (EPS) in a range of approximately $2.31 to $2.36, an increase of approximately $0.16 at the midpoint compared to the Company's prior guidance. According to I/B/E/S Estimates, analysts on an average were expecting the Company to report revenue of $109 million and EPS of $0.61 for the third quarter of 2013; and revenue of $433 million and EPS of $2.19 for fiscal 2013. 

Company Quote

168.78
-0.04 -0.02%
3:45pm EST