Exhibit 99.1 For Immediate Release Cushman & Wakefield Reports Financial Results for the Third Quarter 2024 Strong global leasing revenue growth of 13% Net cash flow from operations and free cash flow both improved by more than $140 million year-to-date vs. 2023 Fully repaid term loan due in 2025 CHICAGO (BUSINESS WIRE), November 4, 2024 — Cushman & Wakefield (NYSE: CWK) today reported financial results for the third quarter of 2024. "This quarter marked an important turning point. We reported the highest q ...

Cushman & Wakefield (CWK) is expected to deliver a year-over-year decline in earnings on higher revenues when it reports results for the quarter ended September 2024. This widely-known consensus outlook gives a good sense of the company's earnings picture, but how the actual results compare to these estimates is a powerful factor that could impact its near-term stock price. The earnings report, which is expected to be released on November 4, 2024, might help the stock move higher if these key numbers are be ...

Cushman & Wakefield (CWK) shares rallied 6.4% in the last trading session to close at $13.55. This move can be attributable to notable volume with a higher number of shares being traded than in a typical session. This compares to the stock's 5.9% loss over the past four weeks. The increased investor optimism in the stock can be attributed to the positive sentiments within operations real estate amid favorable industry fundamentals. This company is expected to post quarterly earnings of $0.19 per share in it ...

Peer Valuation Discount Is Justified By Relatively Weaker Results And Prospects Final Thoughts J2R/iStock Editorial via Getty Images Bottom-Line Beat Was Overshadowed By Top-Line Miss For Second Quarter CWK issued the company's latest second quarter results announcement on July 29, 2024 after trading hours. Cushman & Wakefield's actual Q2 2024 normalized EPS of $0.20 turned out to be +11% better than Wall Street's consensus bottom-line forecast of $0.18. Notwithstanding its second quarter earnings beat, CWK ...

Cushman & Wakefield plc (NYSE:CWK) Q2 2024 Earnings Conference Call July 29, 2024 5:00 PM ET Corporate Participants Megan McGrath - Head of Investor Relations Michelle MacKay - Chief Executive Officer Neil Johnston - Chief Financial Officer Conference Call Participants Stephen Sheldon - William Blair Ronald Kamdem - Morgan Stanley Anthony Paolone - JPMorgan Michael Griffin - Citi Peter Abramowitz - Jefferies Operator Good day and welcome to Cushman & Wakefield's Second Quarter 2024 Earnings Conference Call. ...

Ahead of this earnings release, the estimate revisions trend for Cushman & Wakefield: mixed. While the magnitude and direction of estimate revisions could change following the company's just-released earnings report, the current status translates into a Zacks Rank #3 (Hold) for the stock. So, the shares are expected to perform in line with the market in the near future. You can see the complete list of today's Zacks #1 Rank (Strong Buy) stocks here. Over the last four quarters, the company has surpassed con ...

Revenue Performance - Revenue for Q2 2024 was $2.3 billion, a decrease of 5% from Q2 2023, with Leasing growing 2% driven by the Americas and APAC [142]. - Revenue for the first half of 2024 was $4.5 billion, down 4% from the first half of 2023, with Leasing growth of 3% across all segments [142]. - Total revenue for Q2 2024 was $2,288.0 million, a decrease of 5% compared to $2,406.0 million in Q2 2023 [167]. - Revenue for the three months ended June 30, 2024, was $2.3 billion, a decrease of $118.0 million or 5% compared to the same period in 2023, primarily driven by a 7% decline in the Americas [171]. - Revenue for the six months ended June 30, 2024, was $4.5 billion, a decrease of $182.5 million or 4%, driven by a 6% decline in the Americas [180]. - Americas revenue for Q2 2024 was $1.7 billion, a decrease of $123.1 million or 7% from Q2 2023, primarily due to lower Services and Gross contract reimbursables revenue [193]. - EMEA revenue for Q2 2024 was $221.9 million, an 8% decrease from Q2 2023, mainly due to lower Services and Gross contract reimbursables revenue [201]. - APAC revenue for Q2 2024 was $352.7 million, a 7% increase from Q2 2023, with a 9% increase on a local currency basis after excluding foreign currency impact [209]. - For the first half of 2024, APAC revenue was $694.2 million, a 6% increase from the first half of 2023, with a 9% increase on a local currency basis [213]. Net Income and Loss - Net income for Q2 2024 was $13.5 million, an increase of $8.4 million compared to $5.1 million in Q2 2023, with diluted earnings per share at $0.06 [142]. - Net loss for the first half of 2024 improved by 79% to $15.3 million compared to a net loss of $71.3 million in the first half of 2023 [142]. - Net income for the three months ended June 30, 2024, was $13.5 million, an increase of $8.4 million compared to the same period in 2023, resulting in a net income margin of 0.6% [178]. Adjusted EBITDA - Adjusted EBITDA for Q2 2024 was $138.9 million, a decrease of 5% from Q2 2023, while for the first half of 2024, it increased by 5% to $217.0 million [142]. - Adjusted EBITDA for the three months ended June 30, 2024, was $138.9 million, a decrease of $7.2 million or 5% compared to the same period in 2023, with an adjusted EBITDA margin of 8.8% [179]. - Adjusted EBITDA for the six months ended June 30, 2024, was $217.0 million, an increase of $10.0 million or 5%, with an adjusted EBITDA margin of 7.0% [189]. - Adjusted EBITDA for the Americas in Q2 2024 was $109.0 million, a decrease of $7.4 million or 6% compared to Q2 2023, driven by declines in Services and Capital markets [195]. - Adjusted EBITDA for EMEA in Q2 2024 was $13.2 million, a decrease of $3.7 million or 22% compared to Q2 2023, primarily due to cost inflation and higher incentive compensation [202]. - Adjusted EBITDA for Q2 2024 was $16.7 million, a 30% increase compared to Q2 2023, primarily due to growth in Leasing and Capital markets revenue [211]. Costs and Expenses - Total costs and expenses for Q2 2024 were $2,217.6 million, a decrease of 6% from $2,349.7 million in Q2 2023 [167]. - Costs of services for the same period were $1.9 billion, down $103.3 million or 5%, mainly due to a decrease in third-party consumables by approximately $75.0 million [172]. - Operating, administrative, and other expenses decreased by $34.7 million or 11% to $294.2 million, attributed to cost savings initiatives [173]. - The company incurred $10.2 million in cost savings initiatives during Q2 2024, reflecting ongoing efforts to optimize workforce and reduce expenses [164]. - Costs of services for the six months ended June 30, 2024, were $3.7 billion, down $178.4 million or 5%, with total costs of services as a percentage of total revenue remaining at 83% [181]. Liquidity and Cash Flow - Liquidity as of June 30, 2024, was $1.7 billion, consisting of $1.1 billion available on the undrawn Revolver and $0.6 billion in cash and cash equivalents [142]. - Net cash used in operating activities for the first half of 2024 was $103.3 million, a decrease of $135.0 million compared to the same period in 2023 [224]. - The company generated $56.9 million from investing activities in the first half of 2024, primarily from net capital funding secured by A/R Securitization [226]. - Cash used in financing activities for the first half of 2024 was $140.5 million, an increase of $85.5 million from the same period in 2023, mainly due to repayment of borrowings [227]. Strategic Initiatives - In June 2024, the company signed an agreement to sell a non-core business, expected to close in Q3 2024, to focus on core growth opportunities [142]. - The company implemented cost savings initiatives that contributed to a decrease in fee-based operating expenses by 4% in both the Americas and EMEA segments [194][205]. - The company has a foreign exchange risk management strategy that includes local operations and the use of derivative financial instruments to mitigate currency fluctuations [233]. Macroeconomic Environment - The company experienced macroeconomic challenges, including elevated interest rates, impacting demand for services, but Leasing showed positive momentum with a 3% revenue increase [141]. - The company expects continued challenges in the macroeconomic environment, impacting future revenue growth and operational efficiency [164].

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 CHICAGO (BUSINESS WIRE), July 29, 2024 — Cushman & Wakefield (NYSE: CWK) today reported financial results for the second quarter of 2024. • Revenue of $2.3 billion for the second quarter of 2024 decreased 5% from the second quarter of 2023. ◦ Leasing grew 2% driven by the Americas and APAC. ◦ Services, Capital markets and Valuation and ...

NEW YORK, July 26, 2024 (GLOBE NEWSWIRE) -- Greystone, a leading national commercial real estate finance company, and Cushman & Wakefield, a leading global real estate services firm, jointly announced they provided acquisition financing for, and arranged the sale of, respectively, a 344-unit two-property multifamily portfolio in Maryland. "This transaction represents a true collaboration for our teams, culminating in a repeat client of ours acquiring the properties and Greystone being able to provide the ac ...

NEW YORK, July 26, 2024 (GLOBE NEWSWIRE) -- Greystone, a leading national commercial real estate finance company, and Cushman & Wakefield, a leading global real estate services firm, jointly announced they provided acquisition financing for, and arranged the sale of, respectively, a 344-unit two-property multifamily portfolio in Maryland. "This transaction represents a true collaboration for our teams, culminating in a repeat client of ours acquiring the properties and Greystone being able to provide the ac ...