Colliers International Group Inc reports results for the quarter ended in December - Earnings Summary

Colliers International

09/02/2023 13:46

* Colliers International Group Inc  CIGI.TO  reported
quarterly
adjusted earnings of $2.31​​ per share for the quarter ended in
December. The mean expectation of seven analysts for the quarter
was for earnings of $2.30 per share.
    * Revenue fell 9.1% to $1.22 billion from a year ago;
analysts
expected $1.31 billion. 
    * Colliers International Group Inc's reported EPS for the
quarter
was 51 cents​.
    * The mean earnings estimate of analysts had fallen by
about 2.6%
in the last three months.​ 
    * In the last 30 days three analysts negatively revised
earnings
estimates 
    * Colliers International Group Inc shares had risen by 19.1%
this
quarter.
    * The company reported quarterly net income of $61.97
million.
    * Wall Street's median 12-month price target for Colliers
International Group Inc is $127.00 
    * The current average analyst rating on the shares is "buy"
and
the breakdown of recommendations is 4 "strong buy" or "buy," 1
"hold" and no "sell" or "strong sell." 

This summary was machine generated from Refinitiv data February
9 at 01:46 p.m.  ​All figures in US dollars unless otherwise
stated. QUARTER ENDING    ESTIMATE       ACTUAL         BEAT, MET,
                                                 MISSED
 Dec. 31 2022      2.30           2.31           Beat
 Sep. 30 2022      1.64           1.41           Missed
 Jun. 30 2022      1.66           1.84           Beat
 Mar. 31 2022      1.25           1.44           Beat