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CWK — Cushman & Wakefield News Story

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Cushman & Wakefield Q3 profit beats; raises FY profit growth forecast

Overview

Cushman & Wakefield Q3 revenue rises 11%, driven by strong performance in the Americas

Adjusted EPS for Q3 beats analyst expectations, reflecting effective cost management

Company prepaid $100 mln in term loan debt, focusing on reducing leverage

Outlook

Cushman & Wakefield raises full-year 2025 adjusted EPS growth guidance to 30%-35%

Result Drivers

CAPITAL MARKETS - Strong performance across asset classes in the Americas drove 21% revenue growth

SERVICES REVENUE - Growth driven by higher facilities services and project management revenue

DEBT MANAGEMENT - Prepaid $100 mln in term loan debt to reduce leverage

Key Details

MetricBeat/MissActualConsensus Estimate
Q3 Revenue$2.60 bln
Q3 Adjusted EPSBeat$0.29$0.27 (7 Analysts)
Q3 EPS$0.22
Q3 Adjusted Net IncomeBeat$68.10 mln$60.80 mln (5 Analysts)
Q3 Net Income$51.40 mln
Q3 Adjusted EBITDABeat$159.60 mln$153.50 mln (5 Analysts)
Q3 Operating incomeMiss$107.50 mln$122.10 mln (4 Analysts)
Q3 Adjusted EBITDA Margin9%
Analyst Coverage The current average analyst rating on the shares is "buy" and the breakdown of recommendations is 5 "strong buy" or "buy", 5 "hold" and no "sell" or "strong sell" The average consensus recommendation for the real estate services peer group is "buy" Wall Street's median 12-month price target for Cushman & Wakefield PLC is $16.50, about 0.2% below its October 29 closing price of $16.53 The stock recently traded at 12 times the next 12-month earnings vs. a P/E of 9 three months ago Press Release: ID:nBw9wnsBva 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.)

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