Cushman & Wakefield PLC reports results for the quarter ended in June - Earnings Summary

Cushman & Wakefield

31/07/2023 23:07

* Cushman & Wakefield PLC  CWK.N  reported quarterly
adjusted
earnings of 22 cents​​ per share for the quarter ended in June.
The mean expectation of eight analysts for the quarter was
for earnings of 17 cents per share.
    * Revenue rose 25.5% to $2.41 billion from a year ago;
analysts
expected $1.92 billion. 
    * Cushman & Wakefield PLC's reported EPS for the quarter was
2
cents​.
    * The mean earnings estimate of analysts had fallen by
about 48.7%
in the last three months.​ 
    * In the last 30 days, three analysts negatively revised
earnings
estimates 
    * Cushman & Wakefield PLC shares had risen by 18.0% this
quarter and lost 22.6% so far this year.
    * The company reported quarterly net income of $5.1 million.
    * Wall Street's median 12-month price target for Cushman &
Wakefield PLC is $10.50 
    * The current average analyst rating on the shares is "buy"
and
the breakdown of recommendations is 3 "strong buy" or "buy," 5
"hold" and no "sell" or "strong sell." 

This summary was machine generated from LSEG Refinitiv data July
31 at 10:07 p.m. UTC. ​All figures in US dollars unless
otherwise stated. QUARTER ENDING    ESTIMATE       ACTUAL         BEAT, MET,
                                                 MISSED
 Jun. 30 2023      0.17           0.22           Beat
 Mar. 31 2023      0.20           -0.04          Missed
 Dec. 31 2022      0.45           0.46           Beat
 Sep. 30 2022      0.54           0.43           Missed