Cbre Group Inc Reports Results For The Quarter Ended June 30: Earnings Summary
CBRE Group Inc reports results for the quarter ended June 30 - Earnings Summary
CBRE Group Inc CBRE.N reported quarterly adjusted earnings of $1.56 per share for the quarter ended June 30, higher than the same quarter last year, when the company reported EPS of $1.19. The mean expectation of twelve analysts for the quarter was for earnings of $1.49 per share. Wall Street expected results to range from $1.44 to $1.62 per share.
Revenue rose 15.1% to $11.23 billion from a year ago; analysts expected $11.18 billion.
CBRE Group Inc's reported EPS for the quarter was 69 cents.
The company reported quarterly net income of $204 million.
CBRE Group Inc shares had risen by 9.2% this quarter and lost 8.5% so far this year.
FORECAST CHANGES
The mean earnings estimate of analysts had fallen by about 0.9% in the last three months.
In the last 30 days, four analysts negatively revised earnings estimates
RECOMMENDATIONS
The current average analyst rating on the shares is "buy" and the breakdown of recommendations is 13 "strong buy" or "buy," 1 "hold" and no "sell" or "strong sell." The average consensus recommendation for the real estate services peer group is also "buy"
Wall Street's median 12-month price target for CBRE Group Inc is $180.00, about 18.3% above its last closing price of $147.05
This summary was machine generated from LSEG data July 29 at 03:04 p.m. UTC. 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)
QUARTER ENDING | ESTIMATE | ACTUAL | BEAT, MET, MISSED |
Jun. 30 2026 | 1.49 | 1.56 | Beat |
Mar. 31 2026 | 1.13 | 1.61 | Beat |
Dec. 31 2025 | 2.68 | 2.73 | Beat |
Sep. 30 2025 | 1.46 | 1.61 | Beat |
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