CoStar earnings on deck: Can bookings rebound after CFO exit?

CoStar Group Inc. is set to report second-quarter earnings, with investors focused on net bookings momentum, especially for its core commercial business and Homes.com. The company faces scrutiny over the returns on its costly residential marketplace investments and uncertainty following its CFO's departure and the lack of reaffirmed guidance. Analysts expect adjusted earnings of 28 cents per share on revenue of $929 million, representing significant growth year-over-year, despite investor skepticism leading to a 70% stock tumble from its 52-week high.