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

Colliers International

02/05/2023 13:46

* Colliers International Group Inc  CIGI.TO  reported
quarterly
adjusted earnings of 86 cents​​ per share for the quarter ended
in March. The mean expectation of seven analysts for the quarter
was for earnings of $1.42 per share.
    * Revenue fell 3.5% to $965.90 million from a year ago;
analysts
expected $981.80 million. 
    * Colliers International Group Inc's reported EPS for the
quarter
was a loss of 47 cents​.
    * The mean earnings estimate of analysts had risen by
about 9.5%
in the last three months.​ 
    * In the last 30 days, three analysts negatively revised
earnings
estimates 
    * Colliers International Group Inc shares had fallen by 0.2%
this
quarter and gained 14.4% so far this year.
    * The company reported a quarterly loss of $20.15 million.
    * Wall Street's median 12-month price target for Colliers
International Group Inc is $150.00 
    * The current average analyst rating on the shares is "buy"
and
the breakdown of recommendations is 5 "strong buy" or "buy," no
"hold" and no "sell" or "strong sell." 

This summary was machine generated from LSEG Refinitiv data May
2 at 12:45 p.m. UTC. ​All figures in US dollars unless otherwise
stated. QUARTER ENDING    ESTIMATE       ACTUAL         BEAT, MET,
                                                 MISSED
 Mar. 31 2023      1.42           0.86           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