CoreLogic: Q2 Earnings Insights

Shares of CoreLogic CLGX moved higher by 2.5% in pre-market trading after the company reported Q2 results.

Quarterly Results

Earnings per share rose 24.39% year over year to $1.02, which beat the estimate of $0.85.

Revenue of $477,464,000 up by 3.90% from the same period last year, which beat the estimate of $452,290,000.

Looking Ahead

CoreLogic raised FY20 adjusted EPS guidance from $3.40-$3.60 to $3.60-$3.75 and also raised sales guidance from $1.84 billion - $1.88 billion to $1.86 billion -$1.895 billion.

How To Listen To The Conference Call

Date: Jul 23, 2020

Time: 08:30 AM

ET Webcast URL: https://services.choruscall.com/links/clgx200723AWKuZlck.html

Recent Stock Performance

Company's 52-week high was at $69.36

52-week low: $24.69

Price action over last quarter: Up 68.47%

Company Overview

CoreLogic Inc is a provider of data and analytics for the real estate sector. The company offers a national database of property and mortgage information, judgments and liens, building and replacement costs, parcel and geospatial data, criminal background records, eviction information, nonprime lending records, credit information, and tax information. The database includes historical property transactions and mortgage applications and covers nearly all of U.S. residential and commercial properties. Corelogic also provides analytics services and tools built around its database for use of property valuation and credit and risk management.