Realtor.com CEO Damian Eales: CoStar is lying about being the No. 2 portal [Yahoo! Finance]
CoStar Group, Inc. (CSGP)
Last costar group, inc. earnings: 4/28 04:02 pm
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Source: Yahoo! Finance
In his remarks, Eales took issue with CoStar's claims that Homes.com has surpassed Realtor.com as the second most-trafficked home search site, according to Inman , which first reported on Eales' remarks. During his talk, Eales noted that Securities and Exchange Commission filings from CoStar Group show that “[its traffic] number includes 17 separate websites, 16 of which are not associated with Homes.com.” Eales elaborated on this further in his prepared remarks during NewsCorp's earnings call with investors on Wednesday. “If Zillow is the hungry Lion, then perhaps CoStar is the wolf in sheep's clothing. A new competitor who plays by their own rules. We are calling out the falsehoods in their audience claims at the moment,” Eales said. “They advertise that they have an audience of 156 million for Homes.com , which is plain wrong.” Lies, damned lies, and statistics In an email, a Realtor.com spokesperson clarified that this was in reference to “ads across real estate news si
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CSGP
Earnings
- 4/23/24 - Beat
CSGP
Sec Filings
- 5/21/24 - Form S-4
- 5/17/24 - Form 4
- 5/16/24 - Form 144
- CSGP's page on the SEC website