Why CBRE (CBRE) is Poised to Beat Earnings Estimates Again

For the most recent quarter, CBRE was expected to post earnings of $0.69 per share, but it reported $0.78 per share instead, representing a surprise of 13.04%. For the previous quarter, the consensus estimate was $1.21 per share, while it actually produced $1.38 per share, a surprise of 14.05%. This provider of real estate investment management services 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 wa ...