CBRE Group Inc. (CBRE) reported third-quarter 2024 core earnings per share (EPS) of $1.20, ahead of the Zacks Consensus Estimate of $1.06. The reported figure also increased 66.7% year over year.Stay up-to-date with all quarterly releases: See Zacks Earnings Calendar.Reflecting positive sentiments, shares of CBRE were up more than 9% so far today. Results reflect double-digit revenue and segment operating profit growth, with significant operating leverage in Advisory Services, Global Workplace Solutions (“G ...

CBRE Group (CBRE) reported $9.04 billion in revenue for the quarter ended September 2024, representing a year-over-year increase of 14.8%. EPS of $1.20 for the same period compares to $0.72 a year ago.The reported revenue represents a surprise of +0.65% over the Zacks Consensus Estimate of $8.98 billion. With the consensus EPS estimate being $1.06, the EPS surprise was +13.21%.While investors closely watch year-over-year changes in headline numbers -- revenue and earnings -- and how they compare to Wall Str ...

CBRE Group (CBRE) came out with quarterly earnings of $1.20 per share, beating the Zacks Consensus Estimate of $1.06 per share. This compares to earnings of $0.72 per share a year ago. These figures are adjusted for non-recurring items.This quarterly report represents an earnings surprise of 13.21%. A quarter ago, it was expected that this provider of real estate investment management services would post earnings of $0.69 per share when it actually produced earnings of $0.81, delivering a surprise of 17.39% ...

UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 10-Q ☒ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the quarterly period ended September 30, 2024 OR ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from _______________ to _______________ Commission File Number 001-32205 CBRE GROUP, INC. (Exact name of registrant as specified in its charter) _________________________ ...

EXHIBIT 99.1 For further information: Chandni Luthra - Investors Steve Iaco - Media 212.984.8113 212.984.6535 Chandni.Luthra@cbre.com Steven.Iaco@cbre.com Press Release FOR IMMEDIATE RELEASE CBRE GROUP, INC. REPORTS FINANCIAL RESULTS FOR THIRD-QUARTER 2024 Dallas – October 24, 2024 — CBRE Group, Inc. (NYSE:CBRE) today reported financial results for the third quarter ended September 30, 2024. Key Highlights: • GAAP EPS up 20% to $0.73; Core EPS up 67% to $1.20 • Revenue up 15%; net revenue up 20% • Resilient ...

CBRE Group, Inc. (CBRE) , the global leader in real estate services, has been gearing up to announce its third-quarter 2024 earnings on Oct. 24, before the closing bell. The company has been at the forefront of the industry, offering a wide range of services, including property sales and leasing, property management, valuation, project management and consulting.Stay up-to-date with all quarterly releases: See Zacks Earnings Calendar.In the last reported quarter, this Dallas, TX-based commercial real estate ...

Real estate has had a decent year. The S&P 500 Real Estate Select Sector SPDR (XLRE) advanced 11.3% year to date as of Oct. 4. The sector declined till the end of June. However, as talks started surfacing about the central bank introducing rate cuts in September, the sector has witnessed a turnaround of sorts. This optimism is notably visible if one considers the mortgage rates. Mortgage rates have slightly increased after declining since the announcement of rate cuts. The 30-year fixedrate mortgage was at ...

CBRE Group's (CBRE) wide array of real estate products and services offerings, healthy outsourcing business, strategic buyouts, technology investments and solid balance sheet are expected to drive its performance. Analysts also seem bullish on this stock, with the Zacks Consensus Estimate for CBRE Group's current-year earnings per share (EPS) being revised 6% upward over the past three months to $4.75. Shares of this Zacks Rank #2 (Buy) company have rallied 33.3% over the past three months, outperforming it ...

Momentum investing is all about the idea of following a stock's recent trend, which can be in either direction. In the 'long' context, investors will essentially be "buying high, but hoping to sell even higher." And for investors following this methodology, taking advantage of trends in a stock's price is key; once a stock establishes a course, it is more than likely to continue moving in that direction. The goal is that once a stock heads down a fixed path, it will lead to timely and profitable trades. Eve ...

The Finance group has plenty of great stocks, but investors should always be looking for companies that are outperforming their peers. CBRE Group (CBRE) is a stock that can certainly grab the attention of many investors, but do its recent returns compare favorably to the sector as a whole? A quick glance at the company's year-to-date performance in comparison to the rest of the Finance sector should help us answer this question. CBRE Group is one of 859 companies in the Finance group. The Finance group curr ...