Overview
Colliers Q2 rev rises 18%, beating analyst expectations, per LSEG data
Adjusted EPS increases 26%, surpassing analyst estimates, per LSEG data
Company raises 2025 outlook, citing strong performance of Engineering division
Outlook
Colliers raises 2025 revenue growth outlook to low-teens percentage
Company expects mid-teens Adjusted EBITDA growth for 2025
Colliers anticipates mid to high-teens Adjusted EPS growth in 2025
Outlook contingent on reduced trade uncertainty, interest rate volatility
Result Drivers
ENGINEERING DIVISION - Strong performance driven by acquisitions and internal growth, per CEO Jay S. Hennick
REAL ESTATE SERVICES - Mixed results with Capital Markets growth offset by Leasing revenue decline due to tariff uncertainties
INVESTMENT MANAGEMENT - Flat revenues impacted by prior catch-up fees, despite strategic acquisitions
Key Details
Metric
Beat/Miss
Actual
Consensus Estimate
Q2 Revenue
Beat
$1.35 bln
$1.29 bln (8 Analysts)
Q2 Adjusted EPS
Beat
$1.72
$1.5 (9 Analysts)
Q2 EPS
$0.08
Q2 Adjusted EBITDA
$180.20 mln
Q2 Operating Earnings
$99.20 mln
Analyst Coverage
The current average analyst rating on the shares is "buy" and the breakdown of recommendations is 6 "strong buy" or "buy", 2 "hold" and no "sell" or "strong sell"
The average consensus recommendation for the real estate services peer group is "buy"
The stock recently traded at 21 times the next 12-month earnings vs. a P/E of 18 three months ago
Press Release: ID:nGNX2qrp6W
(This story was created using Reuters automation and AI based on LSEG and company data. It was checked and edited by a Reuters journalist prior to publication.)