CBRE Group Inc <CBRE.N> expected to post earnings of $2.22 a share - Earnings Preview
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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