Core Viewpoint - Wall Street anticipates a year-over-year increase in earnings for CBRE Group, driven by higher revenues, with a focus on how actual results will compare to estimates impacting stock price [1][2]. Earnings Expectations - CBRE is expected to report quarterly earnings of $2.20 per share, reflecting a year-over-year increase of +59.4% [3]. - Revenues are projected to reach $10.27 billion, representing a 14.8% increase from the previous year [3]. Estimate Revisions - The consensus EPS estimate has been revised 2.35% lower in the last 30 days, indicating a reassessment by analysts [4]. - A positive Earnings ESP of +1.67% suggests analysts have recently become more optimistic about CBRE's earnings prospects [10][11]. Earnings Surprise Prediction - The Zacks Earnings ESP model indicates that a positive reading is a strong predictor of an earnings beat, especially when combined with a Zacks Rank of 1, 2, or 3 [8]. - CBRE currently holds a Zacks Rank of 3, indicating a likelihood of beating the consensus EPS estimate [11]. Historical Performance - In the last reported quarter, CBRE exceeded the expected earnings of $1.06 per share by delivering $1.20, resulting in a surprise of +13.21% [12]. - Over the past four quarters, CBRE has consistently beaten consensus EPS estimates [13]. Industry Comparison - Zillow, another player in the real estate operations industry, is expected to post earnings of $0.29 per share, with a year-over-year change of +45% and revenues of $540.64 million, up 14.1% [17]. - Zillow's higher Most Accurate Estimate has resulted in an Earnings ESP of 15.52%, combined with a Zacks Rank of 2, indicating a strong likelihood of beating the consensus EPS estimate [18].

Core Viewpoint - Growth investors are interested in stocks with above-average financial growth, but identifying such stocks can be challenging due to associated risks and volatility [1] Group 1: Company Overview - CBRE Group (CBRE) is currently recommended as a growth stock by the Zacks Growth Style Score system, which evaluates a company's growth prospects beyond traditional metrics [2] Group 2: Earnings Growth - The historical EPS growth rate for CBRE is 3.9%, but projected EPS growth for this year is 21.5%, surpassing the industry average of 19.1% [5] Group 3: Asset Utilization - CBRE has an asset utilization ratio (sales-to-total-assets ratio) of 1.46, indicating that the company generates $1.46 in sales for every dollar in assets, significantly higher than the industry average of 0.28 [6] Group 4: Sales Growth - The company's sales are expected to grow by 11.5% this year, compared to the industry average of 7.7% [7] Group 5: Earnings Estimate Revisions - The current-year earnings estimates for CBRE have been revised upward, with the Zacks Consensus Estimate increasing by 0.7% over the past month [8] Group 6: Overall Positioning - CBRE holds a Zacks Rank of 2 (Buy) and a Growth Score of B, positioning it well for potential outperformance in the market [10]

Morgan Stanley analyst Ronald Kamdem upgraded CBRE Group Inc CBRE to Overweight from Equal-Weight, raising the price forecast to $160 from $115.The analyst writes the company is well-positioned for double-digit earnings growth due to its market-leading position in both stable, recurring business lines like mortgage servicing, property management, and valuation, which make up about 60% of expected 2025 EBITDA, and higher-margin cyclical business lines like leasing, capital markets, and development, accountin ...

Have you been searching for a stock that might be well-positioned to maintain its earnings-beat streak in its upcoming report? It is worth considering CBRE Group (CBRE) , which belongs to the Zacks Real Estate - Operations industry.This provider of real estate investment management services has an established record of topping earnings estimates, especially when looking at the previous two reports. The company boasts an average surprise for the past two quarters of 15.30%.For the most recent quarter, CBRE w ...

Shares of CBRE Group (CBRE) have rallied 39.4% in the past six months, outperforming its industry’s growth of 13.1%.With a wide array of real estate products and services offerings, CBRE enjoys a robust scale and is the largest commercial real estate services and investment firm (based on 2023 revenues). A healthy outsourcing business, strategic acquisitions and a solid balance sheet are expected to drive its performance.Last week, CBRE announced that it had completed the combination of its project manageme ...

Company Announcement - CBRE Group has completed the combination of its project management business with Turner & Townsend, a majority-owned subsidiary since 2021 [1] - Turner & Townsend's board chair and CEO, Vincent Clancy, has joined CBRE's board of directors [1] - Turner & Townsend's revenues have increased at a compound annual rate of more than 20% since 2021 [1] Strategic Benefits - The unified project management business is unmatched in scale and breadth of capabilities, poised to benefit from trends in infrastructure, green energy transition, and employee experience [2] - CBRE now owns 70% of the combined Turner & Townsend/CBRE Project Management business [2] - From 2025, CBRE will report Project Management results as a standalone business segment, increasing transparency for investors [2] Company Overview - CBRE Group is well-positioned to benefit from its wide range of real estate products and services [3] - The outsourcing business remains healthy with a strong pipeline, offering growth opportunities [3] - Strategic buyouts and technology investments are expected to drive performance [3] Stock Performance - CBRE's shares have rallied 48.8% over the past six months, outperforming the industry's 20.9% upside [4] Industry Comparison - Jones Lang (JLL) and Kennedy-Wilson (KW) are better-ranked stocks in the operations real estate industry, each carrying a Zacks Rank 2 (Buy) [5] - The Zacks Consensus Estimate for JLL's 2024 and 2025 EPS is $13.60 and $16.42, suggesting year-over-year growth of 83.8% and 20.7%, respectively [5] - The Zacks Consensus Estimate for KW's 2024 EPS is $3.00, indicating a significant increase from the year-ago figure, and $3.05 for 2025, suggesting 1.7% growth [7]

For Immediate ReleaseChicago, IL – December 13, 2024 – Today, Zacks Equity Research CBRE Group, Inc. (CBRE) , Jones Lang LaSalle Inc. (JLL) and Kennedy-Wilson Holdings, Inc. (KW) .Industry: Real Estate OperationsLink: https://www.zacks.com/commentary/2382594/3-real-estate-operations-stocks-poised-to-escape-industry-woesThe Zacks Real Estate Operations industry constituents’ performances are likely to be affected by the geopolitical unrest in the near term. Moreover, customers remain focused on cost controls ...

The Zacks Real Estate Operations industry constituents’ performances are likely to be affected by the geopolitical unrest in the near term. Moreover, customers remain focused on cost controls and, for certain asset categories, are delaying their decision-making with respect to property purchase and leasing.Despite these challenges, the increased adoption of outsourced real estate services by companies and the acceleration of certain trends are creating scope for these industry participants to grow. Strategi ...

Boosting shareholders’ wealth, CBRE Group’s (CBRE) board of directors approved an additional $5 billion increase in the company’s stock repurchase authorization.This approved expanded authorization supplements CBRE’s existing $4 billion stock repurchase authorization, which had approximately $1.4 billion remaining as of Sept. 30, 2024. Since 2021, CBRE has repurchased 36 million shares at an estimated cost of $3 billion, with a weighted average price of approximately $83.50 per share.The expanded authorizat ...

DALLAS, Nov. 22, 2024 /PRNewswire/ -- Rentokil Terminix, North America's largest pest control provider, is proud to announce its recognition as the 2024 Supplier Innovation Challenge winner for North America, awarded by CBRE Global Workplace Solutions. The company received the prestigious Innovation of the Year Award for its proprietary range of sustainable pest-proofing solutions. The proprietary range of sustainable pest and rodent exclusion products helps reduce the dependency on chemical interventions. ...