CBRE Q4 revenue slightly misses estimates

CBRE

12/02/2026 12:02

Overview

Commercial real estate firm's Q4 revenue slightly missed analyst expectations

Core EPS for Q4 beat analyst expectations

Company acquired Pearce Services for $1.2 bln, enhancing infrastructure capabilities

Outlook

CBRE expects 2026 Core EPS between $7.30 and $7.60

Company anticipates continued strong growth in sales and leasing globally

CBRE is streamlining operations and investing to sustain future growth

Result Drivers

SALES AND LEASING GAINS - Significant increases in sales and leasing revenue, especially in the U.S. and EMEA, drove Q4 results

ACQUISITION IMPACT - Acquisition of Pearce Services enhanced growth in the Building Operations & Experience segment

RESILIENT BUSINESSES - Continued double-digit revenue growth in resilient businesses contributed to overall performance

Key Details

Metric
Beat/Miss
Actual
Consensus Estimate
Q4 Revenue
Slight Miss*
$11.63 bln
$11.70 bln (6 Analysts)
Q4 Core EPS
Beat
$2.73
$2.68 (11 Analysts)
Q4 EPS
$1.39


*Applies to a deviation of less than 1%; not applicable for per-share numbers.

Analyst Coverage

The current average analyst rating on the shares is "buy" and the breakdown of recommendations is 11 "strong buy" or "buy", 3 "hold" and no "sell" or "strong sell"

The average consensus recommendation for the real estate services peer group is "buy"

Wall Street's median 12-month price target for CBRE Group Inc is $191.00, about 27.8% above its February 11 closing price of $149.49

The stock recently traded at 20 times the next 12-month earnings vs. a P/E of 21 three months ago

Press Release: ID:nBw68F1Hja

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(This story was created using Reuters automation and AI based on LSEG and company data. It was checked and edited by a Reuters journalist prior to publication.)