Report
Brad Schwer
EUR 101.80 For Business Accounts Only

Solid Momentum Should Lead to a $1 Billion Sales Year for CoStar Group in 2018

CoStar certainly ended 2017 with momentum that translated into a promising start for 2018. Management stated that December and January were the top two sales months in the company’s history, so we aren’t surprised that it recorded sales of $254 million for the fourth quarter. At this annualized run-rate, CoStar has effectively positioned itself to exceed its sales goal of $1 billion put in place in 2014. While sales are coming along smoothly, we do see some headwinds in the company’s 40% adjuste...
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Morningstar
Morningstar

Morningstar, Inc. is a leading provider of independent investment research in North America, Europe, Australia, and Asia. The company offer an extensive line of products and services for individual investors, financial advisors, asset managers, and retirement plan providers and sponsors.

Morningstar provides data on approximately 530,000 investment offerings, including stocks, mutual funds, and similar vehicles, along with real-time global market data on more than 18 million equities, indexes, futures, options, commodities, and precious metals, in addition to foreign exchange and Treasury markets. Morningstar also offers investment management services through its investment advisory subsidiaries and had approximately $185 billion in assets under advisement and management as of June 30, 2016.

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Brad Schwer

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