Canada's Colliers beats Q2 estimates on broad-based growth

Colliers International

30/07/2026 12:33

Overview
Canada diversified services firm's Q2 revenue rose 17%, beating analyst expectations
Adjusted EPS for Q2 increased 6%, beating consensus estimates
Company reaffirmed 2026 outlook for mid-teens percentage growth in key metrics

Outlook
Colliers expects mid-teens percentage growth in revenues, Adjusted EBITDA and Adjusted EPS for 2026
Company outlook includes impact of Ayesa acquisition but excludes further acquisitions
Colliers expects continued investments in Investment Management in second half of yr

Result Drivers
SEGMENT GROWTH - Double-digit revenue growth across Commebeatsrcial Real Estate, Engineering and Investment Management segments drove results
ENGINEERING ACQUISITIONS - Engineering revenue rose 30%, driven by recent acquisitions including Ayesa and solid internal growth
CAPITAL MARKETS & LEASING - Commercial Real Estate segment saw 23% growth in Capital Markets and Leasing, led by Americas and Asia Pacific

Company press release: ID:nGNX96Q7tb

Key Details
Metric
Beat/Miss
Actual
Consensus Estimate
Q2 Revenue
Beat
$1.57 bln
$1.52 bln (9 Analysts)
Q2 Adjusted EPS
Beat
$1.83
$1.81 (10 Analysts)
Q2 EPS
 
$0.56
 
Q2 Adjusted EBITDA
 
$205.30 mln
 
Q2 Operating Earnings
 
$98.40 mln
 

Analyst Coverage
The current average analyst rating on the shares is "buy" and the breakdown of recommendations is 6 "strong buy" or "buy", 2 "hold" and no "sell" or "strong sell"
The average consensus recommendation for the real estate services peer group is "buy"
The stock recently traded at 13 times the next 12-month earnings vs. a P/E of 14 three months ago

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July 29 - Parsons Q2 revenue misses estimates on portfolio restructuring charges

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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.)