Colliers International Group Inc expected to post earnings of $1.42 a share - Earnings Preview

Colliers International

31/07/2023 14:01

* Colliers International Group Inc  CIGI.TO   is expected
to show
a fall in quarterly revenue when it reports  results on August
2. 
    * The Toronto Ontario-based  company is expected to report 
a
3.6% decrease in revenue to $1.087 billion from $1.13 billion a
year ago, according to the mean estimate from 6 analysts, based
on Refinitiv data. 
    * ​Refinitiv's mean analyst estimate for Colliers
International
Group Inc is for earnings of $1.42 per share. 
    * The current average analyst rating on the shares is "buy"
and
the breakdown of recommendations is 4 "strong buy" or "buy," no
"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 $129.5​, below​ its last closing
price of C$131.98. ​​​

Previous quarterly performance (using preferred earnings measure
in US dollars). ​
 QUARTER       STARMINESM  REFINITIV  ACTUAL    BEAT,   SURPRI
 ENDING        ARTESTIMAT  IBES                 MET,    SE %
               E®          ESTIMATE             MISSED  
 Mar. 31 2023  1.41        1.42       0.86      Missed  -39.4
 Dec. 31 2023  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
 ​​Mar.        1.25        1.25       1.44      Beat    14.9
 31 2022                                                
 Dec. 31 2021  1.84        1.82       2.25      Beat    23.6​
 Sep. 30 2021  1.08        1.06       1.27      Beat    20.4
 Jun. 30 2021  0.93        0.88       1.58      Beat    79.9
 This summary was machine generated July 31 at 13:01 GMT.  All
figures in US dollars  unless otherwise stated