For the quarter ended December 2023, CBRE Group (CBRE) reported revenue of $8.95 billion, up 9.2% over the same period last year. EPS came in at $1.38, compared to $1.33 in the year-ago quarter.The reported revenue represents a surprise of +3.89% over the Zacks Consensus Estimate of $8.62 billion. With the consensus EPS estimate being $1.21, the EPS surprise was +14.05%.While investors closely watch year-over-year changes in headline numbers -- revenue and earnings -- and how they compare to Wall Street exp ...

CBRE Group (CBRE) came out with quarterly earnings of $1.38 per share, beating the Zacks Consensus Estimate of $1.21 per share. This compares to earnings of $1.33 per share a year ago. These figures are adjusted for non-recurring items.This quarterly report represents an earnings surprise of 14.05%. A quarter ago, it was expected that this provider of real estate investment management services would post earnings of $0.65 per share when it actually produced earnings of $0.72, delivering a surprise of 10.77% ...

| --- | --- | |-------------------|--------------| | | | | | CBRE | | | | | | | | February 15, 2024 | Q4 2023 CBRE | | | | | | | | | | | Earnings Call | | | | | | | | | | | Q4 2023 EARNINGS CONFERENCE CALL Statements 2024 CBRE, Inc. |3 Bob Sulentic Chair & Chief Executive Officer Chief Financial Officer 2024 CBRE, Inc. | 4 Consolidated CBRE ended 2023 on a high note with fourth quarter year-over-year operating profit growth across all three of our business segments | --- | --- | --- | --- | --- | |--------- ...

CBRE Group, Inc. (CBRE) , the global leader in real estate services, is gearing up to announce its fourth-quarter and full-year 2023 earnings on Feb 15 before the bell. The company has been at the forefront of the industry, offering a wide range of services, including property sales and leasing, property management, valuation, project management and consulting.In the last reported quarter, this Dallas, TX-based commercial real estate services and investment firm reported an earnings surprise of 10.77%. Desp ...

Analysts on Wall Street project that CBRE Group (CBRE) will announce quarterly earnings of $1.21 per share in its forthcoming report, representing a decline of 9% year over year. Revenues are projected to reach $8.62 billion, increasing 5.1% from the same quarter last year.Over the last 30 days, there has been an upward revision of 0.4% in the consensus EPS estimate for the quarter, leading to its current level. This signifies the covering analysts' collective reconsideration of their initial forecasts over ...

CBRE Group (CBRE) is expected to deliver a year-over-year decline in earnings on higher revenues when it reports results for the quarter ended December 2023. This widely-known consensus outlook gives a good sense of the company's earnings picture, but how the actual results compare to these estimates is a powerful factor that could impact its near-term stock price.The earnings report, which is expected to be released on February 15, 2024, might help the stock move higher if these key numbers are better than ...

WASHINGTON--(BUSINESS WIRE)--Arlington Capital Partners (“Arlington”), a Washington, D.C.-area private investment firm specializing in government regulated industries, today announced it has agreed to sell J&J Worldwide Services (“J&J” or the “Company”) to CBRE Group Inc. (NYSE: CBRE). J&J is a leading provider of essential, preventative maintenance activities to the U.S. Federal Government with over 250 hospitals, clinics and military installations and 3,300 employees globally. The purchase price will be u ...

DALLAS--(BUSINESS WIRE)--CBRE Group, Inc. (NYSE:CBRE) today announced a definitive agreement to acquire J&J Worldwide Services, a leading provider of engineering services, base support operations and facilities maintenance for the U.S. federal government, from Arlington Capital Partners, a Washington, D.C.-area private investment firm specializing in government regulated industries. The initial purchase price is $800 million in cash, plus a potential earn-out of up to $250 million, payable in 2027, subject ...

DALLAS--(BUSINESS WIRE)--CBRE was the top-ranked firm for commercial real estate investment sales in the U.S. during 2023, according to MSCI Real Assets—the 18th consecutive year that CBRE has claimed the top spot. MSCI Real Assets credited CBRE with a 14.2% market share across all property types in the U.S. in 2023, outperforming the next highest competitor by 620 basis points. CBRE’s advantage over the number two firm increased by 100 basis points compared with 2022. In addition to being number one over ...

Segment Operating Profit | --- | --- | |--------------------------------------------------|--------| | | | | Resilient businesses (2) | | | Global Workplace Solutions | 972 | | Other resilient lines of business | 564 | | Total Resilient and non-resilient business lines | $2,523 | $ in millions, totals may not sum due to rounding Q3 2023 EARNINGS CONFERENCE CALL 2023 CBRE, Inc. | 28 $ in millions, totals may not sum due to rounding 2023 CBRE, Inc. | 29 | --- | --- | --- | |----------------------------------- ...