Colliers International Group Inc expected to post earnings of $1.82 a share - Earnings Preview

Colliers International

08/02/2022 18:31

* Colliers International Group Inc  CIGI.TO   is expected
to show
a rise in quarterly revenue when it reports  results on February
10. 
    * The Toronto Ontario-based  company is expected to report 
a
20.9% increase in revenue to $1.105 billion from $913.72 million
a year ago, according to the mean estimate from 3 analysts,
based on Refinitiv data. 
    * ​Refinitiv's mean analyst estimate for Colliers
International
Group Inc is for earnings of $1.82 per share. For the same
quarter last year, the company reported earnings of $1.79 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 $177​, about 7.9% below​ its last
closing price of C$191.01. ​​​
    * Previous quarterly performance (using preferred earnings
measure
in US dollars). ​

 QUARTER       STARMINESM  REFINITIV  ACTUAL    BEAT,   SURPRI
 ENDING        ARTESTIMAT  IBES                 MET,    SE %
               E®          ESTIMATE             MISSED  
 Sep. 30 2021  1.08        1.06       1.27      Beat    20.4
 Jun. 30 2021  0.93        0.88       1.58      Beat    79.9
 Mar. 31 2021  0.63        0.63       1.04      Beat    64.2​
 Dec. 31 2020  1.43        1.42       1.79      Beat    25.9
 ​​Sep.        0.84        0.77       1.08      Beat    40.9
 30 2020                                                
 Jun. 30 2020  0.39        0.42       0.70      Beat    66.7​
 Mar. 31 2020  0.47        0.48       0.54      Beat    12
 Dec. 31 2019  1.87        1.88       2.01      Beat    6.7
 This summary was machine generated February 8 at 18:31 GMT.  All
figures in US dollars  unless otherwise stated