NEW YORK, March 03, 2025 (GLOBE NEWSWIRE) -- Greystone and Cushman & Wakefield jointly announced they provided acquisition financing for, and arranged the sale of, respectively, Country Place Apartments, a 312-unit multifamily property in Burtonsville, Maryland. Cushman & Wakefield's Anthony "TJ" Liberto, Managing Director, and Jorge Rosa, Executive Managing Director, represented the seller in the $62.5 million transaction. Alex Basile, an Executive Director at both Greystone and Cushman & Wakefield, origin ...

UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 _____________________________ FORM 10-K x ANNUAL REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the fiscal year ended December 31, 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 001-38611 Cushman & Wakefield plc (Exact name of registrant as specified in its charter ...

Q4 2024 EARNINGS PRESENTATION FEBRUARY 20, 2025 CAUTIONARY NOTE ON FORWARD LOOKING STATEMENTS All statements in this presentation other than historical facts are forward-looking statements, which rely on a number of estimates, projections and assumptions concerning future events. Such statements are also subject to a number of uncertainties and factors outside Cushman & Wakefield's control. Such factors include, but are not limited to, disruptions in general macroeconomic conditions and global and regional ...

Cushman & Wakefield plc (NYSE:CWK) Q4 2024 Earnings Conference Call February 20, 2025 9:00 AM ET Company Participants Megan McGrath - Head of Investor Relations Michelle MacKay - Chief Executive Officer Neil Johnston - Chief Financial Officer Conference Call Participants Stephen Sheldon - William Blair Anthony Paolone - JPMorgan Julien Blouin - GS Michael Griffin - Citi Operator Good day, and welcome to Cushman & Wakefield's Fourth Quarter 2024 Earnings Conference Call. All participants will be in listen-on ...

Cushman & Wakefield (CWK) came out with quarterly earnings of $0.48 per share, in line with the Zacks Consensus Estimate. This compares to earnings of $0.45 per share a year ago. These figures are adjusted for non-recurring items.A quarter ago, it was expected that this company would post earnings of $0.20 per share when it actually produced earnings of $0.23, delivering a surprise of 15%.Over the last four quarters, the company has surpassed consensus EPS estimates three times.Cushman & Wakefield, which be ...

Fourth Quarter Results: Full Year Results: INVESTOR RELATIONS MEDIA CONTACT Megan McGrath Aixa Velez Investor Relations Corporate Communications +1 312 338 7860 +1 312 424 8195 IR@cushwake.com aixa.velez@cushwake.com Exhibit 99.1 • Revenue of $2.6 billion for the fourth quarter of 2024 increased 3% from the fourth quarter of 2023. ◦ Leasing revenue increased 6% driven primarily by office leasing in the Americas. ◦ Capital markets revenue increased 35% driven by strong results in all segments. ◦ Services and ...

Looking for a stock that has been consistently beating earnings estimates and might be well positioned to keep the streak alive in its next quarterly report? Cushman & Wakefield (CWK) , which belongs to the Zacks Real Estate - Operations industry, could be a great candidate to consider.This company has seen a nice streak of beating earnings estimates, especially when looking at the previous two reports. The average surprise for the last two quarters was 13.06%.For the most recent quarter, Cushman & Wakefiel ...

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Financial Data and Key Metrics Changes - Fee revenue for Q3 2024 increased by 3% year-over-year, with adjusted EBITDA of $143 million declining by 5% primarily due to a recent service divestiture and higher compensation costs [11][14] - Adjusted EPS rose to $0.23, an increase of $0.02 from the previous year, benefiting from interest and tax savings [11] - Year-to-date adjusted EBITDA of $360 million is up 1% compared to last year [11] Business Line Data and Key Metrics Changes - Leasing revenue grew by 13% in Q3, marking the fourth consecutive quarter of growth, with Americas Leasing up 16% and APAC Leasing up 13% [11][12] - Capital Markets revenue in the Americas increased by 2%, marking the first growth in nine quarters, while EMEA Capital Markets revenue declined by 5% [12] - Services revenue grew by 1% excluding the impact of divestiture, with APAC Services revenue increasing by 6% [13] Market Data and Key Metrics Changes - The Fed rate cut in September has revitalized Capital Markets, contributing to increased optimism among buyers and sellers [8] - EMEA Capital Markets revenue has shown a year-to-date growth of 3%, indicating gradual improvement in fundamentals [12] - APAC Capital Markets revenue declined by 44% due to deal timing, but strong pipelines are expected to support a rebound in Q4 [12] Company Strategy and Development Direction - The company is focusing on deleveraging and strategic investments in leasing, aiming to capitalize on growth opportunities [7][9] - Future capital allocation will prioritize funding brokerage business, re-accelerating Services revenue, and opportunistic deleveraging [21] - The company is committed to improving operational efficiencies and enhancing global platform offerings through targeted investments [20] Management's Comments on Operating Environment and Future Outlook - Management expressed optimism about the recovery in Capital Markets, anticipating further growth driven by Fed rate cuts and improved financial conditions [39][54] - The company expects to finish the year within the 30% to 40% free cash flow to EBITDA conversion target, translating to approximately 80% free cash flow to adjusted net income conversion [16] - Management highlighted the importance of maintaining margins while investing in growth opportunities as the brokerage business recovers [30] Other Important Information - The company fully extinguished its $200 million in 2025 debt maturities ahead of schedule, solidifying its balance sheet [8][17] - Free cash flow for Q3 was $187 million, an increase from $174 million in the same quarter last year, with year-to-date free cash flow improving by $146 million [14][17] Q&A Session All Questions and Answers Question: Clarification on 20% growth for Capital Markets in Q4 - The 20% growth for Capital Markets in Q4 is year-over-year growth [22] Question: Confidence in returning to mid-single digit organic growth in Services - Management remains confident in re-accelerating growth, particularly in facilities management and global occupied services [23][24] Question: Insights on Capital Markets growth drivers - The growth in Capital Markets is supported by a strong pipeline and improving market conditions, with expectations for a gradual recovery [26][28] Question: Commentary on margins and their impact - Management is focused on protecting margins while also investing in the business to prepare for growth [29][30] Question: Update on project management delays - Delays in project management are not thematic but rather a function of a subdued market, with expectations for improvement [51]

Cushman & Wakefield (CWK) reported $2.34 billion in revenue for the quarter ended September 2024, representing a year-over-year increase of 2.6%. EPS of $0.23 for the same period compares to $0.21 a year ago.The reported revenue compares to the Zacks Consensus Estimate of $2.37 billion, representing a surprise of -1.22%. The company delivered an EPS surprise of +15.00%, with the consensus EPS estimate being $0.20.While investors closely watch year-over-year changes in headline numbers -- revenue and earning ...