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Research Alert: Costar Group: Q1 Results In Line, Residential Ebitda Guidance Increases $20m

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-- CFRA, an independent research provider, has providedwith the following research alert. Analysts at CFRA have summarized their opinion as follows:

CSGP reported Q1 2026 revenue of $897M (+22.5% Y/Y, in line with consensus estimates) compared to $732M in Q1 2025, marking the company's 60th consecutive quarter of double-digit revenue growth. Management consolidated reporting into Commercial Real Estate (55% of FY 25 revenue, +15.4% Y/Y growth) and Residential Real Estate (45% of FY 25 revenue, +32.6% Y/Y growth) segments. The sustained growth trajectory demonstrates the durability of CoStar's market-leading position in commercial real estate information services. The company has benefited from improved market conditions and continued investment in AI-powered tools. Within Commercial, the core CoStar platform's growth moderated to 8.5% Y/Y, while LoopNet accelerated to 16.4% growth, reflecting improved commercial real estate market dynamics. We believe CSGP's competitive moat in CRE data services remains intact; as such, ongoing investments in AI-powered tools should continue to drive market share expansion and revenue growth across both business segments.

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Research Alert: Crh Q1: 9% Ebitda Beat On Margin Expansion; Capital Redeployed To Higher Growth

CFRA, an independent research provider, has providedwith the following research alert. Analysts at CFRA have summarized their opinion as follows:CRH delivered strong Q1 2026 results with revenues of $7.4B (+9.1% Y/Y, +4.2% vs. consensus) and adjusted EBITDA beating consensus by 9.2% with 18.4% growth to $0.6B as margins expanded 70 bps to 8.0%. The company's diversified portfolio strategy led to differentiated segment performance, with Americas Materials Solutions posting 21% revenue and 75% EBITDA growth, while International Solutions achieved 32% EBITDA growth with 130 bps margin expansion. Management reaffirmed 2026 guidance with net income of $3.9B-$4.1B and adjusted EBITDA of $8.1B-$8.5B. CRH executed aggressive capital allocation with $1.9B of divestitures and $0.9B in acquisitions, including the pending $0.7B Axius Water deal. We expect residential markets to remain challenged by restrictive financing from higher rates and potential hikes if fuel prices trigger inflation. Strong cash generation enabled a 5% dividend increase and $0.3B buyback program, though net debt increased to $15.8B with leverage at 2.0x.

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Adani Enterprises Swings to Consolidated Loss in Fiscal Q4

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