CBRE rises after forecasting annual profit above estimates

CBRE

12/02/2026 13:37

** Real estate services firm CBRE Group's CBRE.N shares rise 3.3% at $154.5 premarket

** Co forecasts annual profit above Wall Street estimates, citing solid momentum in leasing and facilities management amid rapid data center expansion

** Sees 2026 core earnings per share between $7.30 and $7.60, midpoint of which is above analysts' expectations of $7.36 per share - data compiled by LSEG

** Posts Q4 core earnings per share of $2.73, above analysts' estimates of $2.68

** Reports Q4 revenue of $11.63 billion vs. Wall Street's estimates of $11.71 billion

** CBRE gained 22.5% in 2025

(Reporting by Megavarshini G. Somasundaram in Bengaluru)

((Megavarshini.SomasundaramGnanasundari@thomsonreuters.com))