CoStar’s (NASDAQ:CSGP) Q3 2026: beats on revenue but stock drops on weak guidance

Real estate data provider CoStar Group (NASDAQ:CSGP) beat Wall Street’s revenue expectations in Q3 2026, with revenue up 14.1% year on year to $952 million. The company expects next quarter’s revenue to be around $986 million, close to analysts’ consensus estimates. Its non-GAAP profit of $0.38 per share was 12% above analysts’ consensus estimates.