TORONTO, March 20, 2024 (GLOBE NEWSWIRE) -- Colliers International Group Inc. ((TSX &amp, NASDAQ:CIGI) ("Colliers" or the "Company") today announced that its Annual and Special Meeting of Shareholders will be held virtually on April 2, 2024 at 11:00am ET. Attendees will have the opportunity to attend the meeting online, using their smartphone, tablet or computer in real time, and shareholders and duly appointed proxyholders will be able to ask questions and vote through a live webcast. Shareholders or guest ...

TORONTO, Feb. 28, 2024 (GLOBE NEWSWIRE) -- Colliers International Group Inc. (NASDAQ:CIGI) ("Colliers" or the "Company") is pleased to report that it has closed its previously announced bought deal public offering of 2,479,500 subordinate voting shares (the "Subordinate Voting Shares"), at a price of US$121.00 per Subordinate Voting Share for gross proceeds of US$300.0 million (the "Offering") with a syndicate of underwriters led by BMO Capital Markets and J.P. Morgan as joint bookrunners, and including Miz ...

Sundry Photography Elevator Pitch I still have a Buy rating awarded to Colliers International Group Inc. (NASDAQ:CIGI) (TSX:CIGI:CA) stock. In my prior November 3, 2023 article, I performed a review of Colliers International's results for the second quarter of the previous year. The current update draws attention to CIGI's latest quarterly earnings and its expected business turnaround. Both the company's revenue and bottom line for Q4 2023 were higher than the respective consensus estimates. Colliers Intern ...

1 Colliers 2 Additional factors and explanatory information are identified in the Company's Annual Information Form for the year ended December 31, 2022 under the heading "Risk Factors" (which factors are adopted herein, and which can be accessed at www.sedarplus.com) and other periodic filings with Canadian and US securities regulators. Forward looking statements contained in this presentation are made as of the date hereof and are subject to change. All forward-looking statements in this press release are ...

Company Participants Christian Mayer – Chief Financial Officer Colliers International Group Inc. (NASDAQ:CIGI) Q4 2023 Earnings Conference Call February 8, 2024 11:00 AM ET Chris McLernon – Chief Executive Officer-Real Estate Services Stephen MacLeod – BMO Capital Markets Jimmy Shan – RBC Capital Markets Matt Filek – William Blair Maxim Sytchev – National Bank Welcome to the Colliers International Fourth Quarter Year-End Investor Conference Call. Today's call is being recorded. Legal counsel requires us to ...

Colliers International (CIGI) came out with quarterly earnings of $2 per share, beating the Zacks Consensus Estimate of $1.92 per share. This compares to earnings of $2.31 per share a year ago. These figures are adjusted for non-recurring items.This quarterly report represents an earnings surprise of 4.17%. A quarter ago, it was expected that this commercial real estate services provider would post earnings of $1.66 per share when it actually produced earnings of $1.19, delivering a surprise of -28.31%.Over ...

Robust revenue growth continues in high-value recurring services Fourth quarter and full year operating highlights:   Three months ended Twelve months ended  December 31 December 31(in millions of US$, except EPS) 2023  2022  2023  2022             Revenues$1,235.2 $1,222.4 $4,335.1 $4,459.5Adjusted EBITDA (note 1) 198.4  202.7  595.0  630.5Adjusted EPS (note 2) 2.00  2.31  5.35  6.99             GAAP operating earnings 132.6  103.8  300.9  332.5GAAP diluted net earnings per share 1.42  0.51  1.41  1.05 TOR ...

"With our nearly 30-year track record of creating substantial shareholder value, coupled with the expectation of increased transactional revenue later this year and a robust pipeline of new opportunities, we are more excited The Asia Pacific region generated revenues of $610.3 million for the year, which were flat (up 4% in local currency) compared to $608.5 million in the prior year. Both Leasing and Outsourcing & Advisory revenues (including recent acquisitions) were up, partly offset by a continued decli ...

Wall Street expects a year-over-year decline in earnings on lower revenues when Colliers International (CIGI) reports results for the quarter ended December 2023. While this widely-known consensus outlook is important in gauging the company's earnings picture, a powerful factor that could impact its near-term stock price is how the actual results compare to these estimates.The stock might move higher if these key numbers top expectations in the upcoming earnings report, which is expected to be released on F ...

Expanded leadership role for Sankey Prasad to capitalise on the growing potential of the real estate market in the Middle EastDUBAI, UAE, Jan. 24, 2024 /PRNewswire/ -- Global diversified professional services and investment management company, Colliers (NASDAQ: CIGI) (TSX: CIGI), announced today that Sankey Prasad will expand his leadership role to include Project Leaders in the Middle East.  Colliers’ Sankey Prasad appointed Chairman and Managing Director for India & CMD for Colliers Project Leaders Mid ...