Cushman & Wakefield (CWK) reported break-even quarterly earnings per share versus the Zacks Consensus Estimate of a loss of $0.02. This compares to loss of $0.04 per share a year ago. These figures are adjusted for non-recurring items.This quarterly report represents an earnings surprise of 100%. A quarter ago, it was expected that this company would post earnings of $0.39 per share when it actually produced earnings of $0.45, delivering a surprise of 15.38%.Over the last four quarters, the company has surp ...

The Company provides for the effects of income taxes on interim financial statements based on estimates of the effective tax rate for the full year, which is based on forecasted income by country and enacted tax rates. Summarized financial information by segment is as follows (in millions): Practical Expedient The following tables summarize the carrying amounts and accumulated amortization of intangible assets (in millions): The Company records changes in the fair value of derivatives designated and qualify ...

Cautionary Note on Forward Looking Statements Unrealized loss on investments, net represents net unrealized losses on fair value investments. Prior to 2024, this primarily reflected unrealized losses on our investment in WeWork. ‒ Capital Markets fee revenue declined 1%; a meaningful improvement vs. the 32% y/y decline in 4Q23 2024 2023 USD LC Americas EMEA APAC Total Fee Revenue Fee Revenue by Service Line In USD $m $143 $- $1,100 $644 $- 2023 2024 2025 2026 2027 2028 2029 2030 2031 Term Loan ('25 Maturity ...

Exhibit 99.1 Cushman & Wakefield Reports Financial Results for the First Quarter 2024 CHICAGO (BUSINESS WIRE), April 29, 2024 — Cushman & Wakefield (NYSE: CWK) today reported financial results for the first quarter of 2024. Effective January 1, 2024, the Property, facilities and project management service line was renamed to Services. The change was to the name only and had no impact on the composition of the Company's service lines or its historical results. First Quarter Results: For Immediate Release In ...

The market expects Cushman & Wakefield (CWK) to deliver a year-over-year increase in earnings on lower revenues when it reports results for the quarter ended March 2024. This widely-known consensus outlook is important in assessing the company's earnings picture, but a powerful factor that might influence its near-term stock price is how the actual results compare to these estimates.The earnings report, which is expected to be released on April 29, 2024, might help the stock move higher if these key numbers ...

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 an established record of topping earnings estimates, especially when looking at the previous two reports. The company boasts an average surprise for the past two quarters of 10.19%.For the last reported quart ...

BOSTON--(BUSINESS WIRE)--Cushman & Wakefield announced today that C&W Services has hired Michael Gill as Senior Director, Client Services, New England. Gill will oversee all Engineering & Maintenance operations in New England, a geographic stronghold for C&W Services, and take a critical leadership role within the region. He will spearhead client partnerships across key accounts including BXP, which recently renewed services for another five years with C&W Services. “We are so fortunate to have Michael j ...

CHICAGO--(BUSINESS WIRE)--Cushman & Wakefield (NYSE: CWK) today announced the appointments of Jennifer McPeek and Raj Vennam to its Board of Directors, effective March 18, 2024. McPeek brings more than 20 years of executive experience in the financial services industry. She previously served as Chief Financial Officer of Russell Investments, and prior to that, McPeek held various roles at Janus Henderson Investors plc, including the roles of Chief Operating & Strategy Officer and Chief Financial Officer. ...

NEW YORK, Feb. 29, 2024 (GLOBE NEWSWIRE) -- Greystone Monticello and Cushman & Wakefield jointly announced today that the firms provided financing for, and represented the buyer of, respectively, a two-property portfolio of build-to-rent multifamily communities in Phoenix, Arizona. Jeems Lochridge of Cushman & Wakefield represented Balfour Pacific Capital and Stone View Holdings, the joint buyers and co-General Partners in the transaction, and Greystone's Dale Holzer of Greystone originated the loan through ...

CHICAGO--(BUSINESS WIRE)--Cushman & Wakefield (NYSE: CWK), a leading global real estate services firm, has been named a top two real estate brand by The Lipsey Company, an international leader in training and consulting specializing in the commercial real estate industry. Since 2002, The Lipsey Company has set the standard for the industry’s most recognizable brands by publishing its annual Top 25 Brand Survey. “We are proud to again be named a top real estate brand by The Lipsey Company,” said Brad Krei ...