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

Cushman & Wakefield

30/10/2023 22:05

* Cushman & Wakefield PLC  CWK.N  reported quarterly
adjusted
earnings of 21 cents​​ per share for the quarter ended in
September. The mean expectation of seven analysts for the
quarter was for earnings of 21 cents per share.
    * Revenue fell 10.6% to $1.59 billion from a year ago;
analysts
expected $1.65 billion. 
    * Cushman & Wakefield PLC's reported EPS for the quarter was
a
loss of 15 cents​.
    * The mean earnings estimate of analysts had fallen by
about 40.6%
in the last three months.​ 
    * In the last 30 days, six analysts negatively revised
earnings
estimates 
    * Cushman & Wakefield PLC shares had fallen by 12.3% this
quarter and lost 46.4% so far this year.
    * The company reported a quarterly loss of $33.9 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," 4
"hold" and no "sell" or "strong sell." 

This summary was machine generated from LSEG Refinitiv data
October 30 at 10:05 p.m. UTC. ​All figures in US dollars unless
otherwise stated. QUARTER ENDING    ESTIMATE       ACTUAL         BEAT, MET,
                                                 MISSED
 Sep. 30 2023      0.21           0.21           Met
 Jun. 30 2023      0.17           0.22           Beat
 Mar. 31 2023      0.20           -0.04          Missed
 Dec. 31 2022      0.45           0.46           Beat