CSGP Jun 2024 90.000 call
- Simply Wall St.
The five-year decline in earnings might be taking its toll on CoStar Group (NASDAQ:CSGP) shareholders as stock falls 5.6% over the past week
CoStar Group, Inc. ( NASDAQ:CSGP ) shareholders have seen the share price descend 14% over the month. But at least the...
- Reuters
Lower-income Americans booked fewer hotels in April, dampening industry outlook
Lower-income Americans dialed back their travel spending in April as reduced savings, higher credit card delinquencies, and inflation weighed on household budgets, according to data from commercial real estate analytics firm CoStar. Overall U.S. hotel room demand in April fell 0.5% due to declining demand for midscale and economy hotels, CoStar said in a presentation at the NYU International Hospitality Industry Investment Conference on Monday. "The increased cost of living is affecting lower-to-middle income households and their ability to travel, thus lessening demand for hotels in the lower-price tier," Amanda Hite, STR president, said in a statement.
- Zacks
Why Is CoStar (CSGP) Down 5.2% Since Last Earnings Report?
CoStar (CSGP) reported earnings 30 days ago. What's next for the stock? We take a look at earnings estimates for some clues.
