CBRE Group Inc expected to post earnings of $2.22 a share - Earnings Preview

Reuters
11 Feb
CBRE Group Inc <cbre.n> expected to post earnings of $2.22 a share - Earnings Preview </cbre.n>
  • CBRE Group Inc CBRE.N, CBRE.K is expected to show a rise in quarterly revenue when it reports results on February 13 for the period ending December 31 2024

  • The Dallas Texas-based company is expected to report a 14.9% increase in revenue to $10.285 billion from $8.95 billion a year ago, according to the mean estimate from 7 analysts, based on LSEG data. (SAL Represent Total Revenue)

  • ​LSEG's mean analyst estimate for CBRE Group Inc is for earnings of $2.22 per share.

  • The current average analyst rating on the shares is "buy" and the breakdown of recommendations is 9 "strong buy" or "buy," 3 "hold" and no "sell" or "strong sell."

  • The mean earnings estimate of analysts was unchanged in the last three months. ​

  • Wall Street's median 12-month price target for CBRE Group Inc is $156.00​, above​ its last closing price of $143.86. ​​​

Previous quarterly performance (using preferred earnings measure in US dollars). ​

QUARTER ENDING

STARMINESMARTESTIMATE®

LSEG IBES ESTIMATE

ACTUAL

BEAT, MET, MISSED

SURPRISE %

Sep. 30 2024

1.06

1.06

1.20

Beat

13.1

Jun. 30 2024

0.72

0.76

0.81

Beat

7.2

Mar. 31 2024

0.69

0.68

0.78

Beat

14.1​

Dec. 31 2023

1.18

1.18

1.38

Beat

16.7

​​Sep. 30 2023

0.66

0.67

0.72

Beat

7.4

Jun. 30 2023

0.76

0.76

0.82

Beat

7.7​

Mar. 31 2023

0.84

0.86

0.92

Beat

7.3

Dec. 31 2022

1.13

1.18

1.33

Beat

12.3

This summary was machine generated February 11 at 11:57 GMT. All figures in US dollars unless otherwise stated. (For questions concerning the data in this report, contact Estimates.Support@lseg.com. For any other questions or feedback, contact RefinitivNewsSupport@thomsonreuters.com)

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