Colliers Q3 revenue up 24%, beats estimates

Colliers International

04/11/2025 12:22

Overview

Colliers Q3 revenue grows 24% yr/yr, beating analyst expectations

Adjusted EPS for Q3 rises 24%, beating analyst expectations

GAAP operating earnings fell due to prior year adjustments

Outlook

Colliers maintains 2025 outlook with low-teens revenue growth expected

Company expects mid-teens Adjusted EBITDA growth for full year

Colliers sees mid to high-teens Adjusted EPS growth in 2025

Result Drivers

REAL ESTATE SERVICES - Revenue up 14% driven by growth in Leasing and Capital Markets transactions

ENGINEERING GROWTH - Revenue up 54% due to strategic acquisitions and strong internal growth in infrastructure and transportation

INVESTMENT MANAGEMENT - Revenue up 7% supported by acquisitions and higher fee-paying assets under management

Key Details

Metric
Beat/Miss
Actual
Consensus Estimate
Q3 Revenue
Beat
$1.46 bln
$1.36 bln (9 Analysts)
Q3 Adjusted EPS
Beat
$1.64
$1.58 (9 Analysts)
Q3 EPS
$0.82
Q3 Adjusted EBITDA
$191.10 mln
Q3 Operating Earnings
$104.70 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 22 times the next 12-month earnings vs. a P/E of 21 three months ago

Press Release: ID:nGNX2mb9X5

For questions concerning the data in this report, contact Estimates.Support@lseg.com. For any other questions or feedback, contact RefinitivNewsSupport@thomsonreuters.com.

(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.)