Colliers International Group Inc expected to post earnings of $1.36 a share - Earnings Preview

Colliers International

30/07/2024 18:14

* Colliers International Group Inc  CIGI.TO   is expected
to show
a rise in quarterly revenue when it reports  results on August 1
for the period ending June 30 2024
    * The Toronto Ontario-based  company is expected to report a
3.1% increase in revenue to $1.111 billion from $1.08 billion a
year ago, according to the mean estimate from 6 analysts, based
on LSEG data.
    * ​LSEG's mean analyst estimate for Colliers International
Group
Inc is for earnings of $1.36 per share. 
    * The current average analyst rating on the shares is "buy"
and
the breakdown of recommendations is 5 "strong buy" or "buy," 1
"hold" and no "sell" or "strong sell."  
    * The mean earnings estimate of analysts was unchanged in
the last
three months. ​
    * Wall Street's median 12-month price target for Colliers
International Group Inc is $142.50​, below​ its last closing
price of C$189.70. ​​​

Previous quarterly performance (using preferred earnings measure
in US dollars). ​
 QUARTER       STARMINESM  LSEG IBES  ACTUAL    BEAT,   SURPRI
 ENDING        ARTESTIMAT  ESTIMATE             MET,    SE %
               E®                               MISSED  
 Mar. 31 2024  1.92        0.94       0.77      Missed  -18.2
 Dec. 31 2024  1.92        1.94       2.00      Beat    2.9
 Sep. 30 2023  1.67        1.70       1.19      Missed  -29.9​
 Jun. 30 2023  1.42        1.42       1.31      Missed  -7.7
 ​​Mar.        1.41        1.42       0.86      Missed  -39.4
 31 2023                                                
 Dec. 31 2022  2.30        2.30       2.31      Beat    0.6​
 Sep. 30 2022  1.63        1.64       1.41      Missed  -14
 Jun. 30 2022  1.68        1.66       1.84      Beat    10.9
 This summary was machine generated July 30 at 17:14 GMT.  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)