Cbre Group Inc Expected To Post Earnings Of $1.06 A Share: Earnings Preview

CBRE

22/10/2024 15:03

* CBRE Group Inc  CBRE.N   CBRE.K  is expected to show a
rise in
quarterly revenue when it reports  results on October 24 for the
period ending September 30 2024
    * The Dallas Texas-based  company is expected to report a
11.8% increase in revenue to $8.796 billion from $7.87 billion a
year ago, according to the mean estimate from 6 analysts, based
on LSEG data. (SAL Represent Total Revenue)
    * ​LSEG's mean analyst estimate for CBRE Group Inc is for
earnings
of $1.06 per share. 
    * The current average analyst rating on the shares is "buy"
and
the breakdown of recommendations is 5 "strong buy" or "buy," 6
"hold" and no "sell" or "strong sell."  
    * The mean earnings estimate of analysts had fallen by
about 0.2%
in the last three months. ​
    * Wall Street's median 12-month price target for CBRE Group
Inc is
$129.50​, above​ its last closing price of $123.52. ​​​

Previous quarterly performance (using preferred earnings measure
in US dollars). ​
 QUARTER       STARMINESM  LSEG IBES  ACTUAL    BEAT,   SURPRI
 ENDING        ARTESTIMAT  ESTIMATE             MET,    SE %
               E®                               MISSED  
 Jun. 30 2024  0.72        0.76       0.81      Beat    7.2
 Mar. 31 2024  0.69        0.68       0.78      Beat    14.1
 Dec. 31 2023  1.18        1.18       1.38      Beat    16.7​
 Sep. 30 2023  0.66        0.67       0.72      Beat    7.4
 ​​Jun.        0.76        0.76       0.82      Beat    7.7
 30 2023                                                
 Mar. 31 2023  0.84        0.86       0.92      Beat    7.3​
 Dec. 31 2022  1.13        1.18       1.33      Beat    12.3
 Sep. 30 2022  1.27        1.26       1.13      Missed  -10.3
 This summary was machine generated October 22 at 14:03 GMT.  All
figures in US dollars unless otherwise stated. (For questions
concerning the data in this report, contact
Estimates.Support@lseg.com. For any other questions or feedback,
contact RefinitivNewsSupport@thomsonreuters.com)