CBRE(CBRE)

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Zacks Industry Outlook CBRE Group, Jones Lang LaSalle and Kennedy-Wilson Holdings
ZACKS· 2024-12-13 08:15
For Immediate ReleaseChicago, IL – December 13, 2024 – Today, Zacks Equity Research CBRE Group, Inc. (CBRE) , Jones Lang LaSalle Inc. (JLL) and Kennedy-Wilson Holdings, Inc. (KW) .Industry: Real Estate OperationsLink: https://www.zacks.com/commentary/2382594/3-real-estate-operations-stocks-poised-to-escape-industry-woesThe Zacks Real Estate Operations industry constituents’ performances are likely to be affected by the geopolitical unrest in the near term. Moreover, customers remain focused on cost controls ...
3 Real Estate Operations Stocks Poised to Escape Industry Woes
ZACKS· 2024-12-12 15:05
The Zacks Real Estate Operations industry constituents’ performances are likely to be affected by the geopolitical unrest in the near term. Moreover, customers remain focused on cost controls and, for certain asset categories, are delaying their decision-making with respect to property purchase and leasing.Despite these challenges, the increased adoption of outsourced real estate services by companies and the acceleration of certain trends are creating scope for these industry participants to grow. Strategi ...
CBRE Group Announces $5B Increase in Stock Repurchase Authorization
ZACKS· 2024-11-22 16:30
Boosting shareholders’ wealth, CBRE Group’s (CBRE) board of directors approved an additional $5 billion increase in the company’s stock repurchase authorization.This approved expanded authorization supplements CBRE’s existing $4 billion stock repurchase authorization, which had approximately $1.4 billion remaining as of Sept. 30, 2024. Since 2021, CBRE has repurchased 36 million shares at an estimated cost of $3 billion, with a weighted average price of approximately $83.50 per share.The expanded authorizat ...
Rentokil Terminix Wins the 2024 CBRE Innovation of the Year Award
Prnewswire· 2024-11-22 12:47
DALLAS, Nov. 22, 2024 /PRNewswire/ -- Rentokil Terminix, North America's largest pest control provider, is proud to announce its recognition as the 2024 Supplier Innovation Challenge winner for North America, awarded by CBRE Global Workplace Solutions. The company received the prestigious Innovation of the Year Award for its proprietary range of sustainable pest-proofing solutions. The proprietary range of sustainable pest and rodent exclusion products helps reduce the dependency on chemical interventions. ...
CBRE (CBRE) Reliance on International Sales: What Investors Need to Know
ZACKS· 2024-10-28 14:15
Did you analyze how CBRE Group (CBRE) fared in its international operations for the quarter ending September 2024? Given the widespread global presence of this provider of real estate investment management services, scrutinizing the trends in international revenues becomes imperative to assess its financial strength and future growth possibilities. In the modern, closely-knit global economic landscape, the capacity of a business to access foreign markets is often a key determinant of its financial well-bein ...
CBRE Group: Real Estate Stock That Benefits From Rate Cuts And Infrastructure Spend
Seeking Alpha· 2024-10-25 15:38
David A. Johnson is founder and principal of Endurance Capital Management, a New Jersey Limited Liability Company. As an investor entrepreneur, David invests in stocks, bonds, options, ETFs, REITs, real estate, closed end funds and alternative investment funds such as hedge funds and private credit. With over 30 years' experience in investing, David holds a Master of Science (MS) Degree in Finance, with a concentration in Investment Analysis, from Boston University, a Certificate in Financial Planning, and ...
CBRE: Still Bullish Considering Above-Expectations Results And Positive Guidance Revision
Seeking Alpha· 2024-10-25 15:35
Asia Value & Moat Stocks is a research service for value investors seeking Asia-listed stocks with a huge gap between price and intrinsic value, leaning towards deep value balance sheet bargains (i.e. buying assets at a discount e.g. net cash stocks, net-nets, low P/B stocks, sum-of-the-parts discounts) and wide moat stocks (i.e. buying earnings power at a discount in great companies like "Magic Formula" stocks, high-quality businesses, hidden champions and wide moat compounders). Sign up here to get starte ...
CBRE(CBRE) - 2024 Q3 - Earnings Call Transcript
2024-10-24 18:32
CBRE Group, Inc. (NYSE:CBRE) Q3 2024 Results Conference Call October 24, 2024 8:30 AM ET Company Participants Chandni Luthra - Executive Vice President, Head of FP&A and Investor Relations Bob Sulentic - Chair & Chief Executive Officer Emma Giamartino - Chief Financial Officer Conference Call Participants Michael Griffin - Citi Anthony Paolone - JPMorgan Chase Steve Sakwa - Evercore ISI Stephen Sheldon - William Blair Ronald Kamdem - Morgan Stanley Jade Rahmani - KBW Peter Abramowitz - Jefferies Operator Gr ...
CBRE Group Stock Rises on Q3 Earnings Beat, 2024 EPS Outlook Raised
ZACKS· 2024-10-24 17:41
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 (CBRE) Q3 Earnings: Taking a Look at Key Metrics Versus Estimates
ZACKS· 2024-10-24 16:06
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 ...