Real estate services firm CBRE beats Q3 revenue estimates; lifts FY core EPS outlook

CBRE

23/10/2025 12:06

Overview

CBRE Q3 revenue up 14% to $10.3 bln, beating analyst expectations

Core EPS for Q3 beats analyst estimates, rising 34% to $1.61

Company raises 2025 Core EPS outlook to $6.25-$6.35, up from $6.10-$6.20

Outlook

CBRE raises 2025 Core EPS outlook to $6.25-$6.35 from $6.10-$6.20

Result Drivers

LEASING GROWTH - Global leasing revenue increased by 18%, driven by strong performance in APAC and the United States

CAPITAL MARKETS - Global property sales revenue rose 30%, with significant growth in APAC and the United States

PROJECT MANAGEMENT - Project management revenue increased 20%, supported by strong activity in the UK and data centers

Key Details

Metric
Beat/Miss
Actual
Consensus Estimate
Q3 Revenue
Beat
$10.25 bln
$10.13 bln (8 Analysts)
Q3 Core EPS
Beat
$1.61
$1.46 (11 Analysts)
Q3 EPS
$1.21


Analyst Coverage

The current average analyst rating on the shares is "buy" and the breakdown of recommendations is 9 "strong buy" or "buy", 4 "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 $179.26, about 10.3% above its October 21 closing price of $160.88

The stock recently traded at 23 times the next 12-month earnings vs. a P/E of 21 three months ago

Press Release: ID:nBw2Lsrrda

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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.)