CBRE maintains 2025 core profit forecast, shares up

ReutersApr 24, 2025 3:07 PM

Real estate service provider CBRE CBRE.N shares marginally rise 1% to $123 after co maintains annual core profit forecast

Co maintains annual core profit forecast of $5.80-$6.10/share amid "significant market uncertainty"

CBRE post Q1 core profit of 86 cents/share vs analysts' estimate of 77 cents/share - LSEG

Co post Q1 revenue of $8.91 billion, in line with analyst estimate

9 of 13 brokerages rate the stock "buy" or higher, 4 "hold"; their median PT is $147 - LSEG

As of last close, stock had fallen 6.3% YTD

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