CBRE Group (CBRE) Q2 Earnings Beat, 2024 Outlook Raised

CBRE Group Inc. (CBRE) reported second-quarter 2024 core earnings per share (EPS) of 81 cents, ahead of the Zacks Consensus Estimate of 69 cents. However, the reported figure declined 1.2% year over year. Reflecting positive sentiments, shares of CBRE were up more than 9% so far today. Results reflect growth in its resilient lines of business. Global Workplace Solutions ("GWS") experienced strong business wins with a healthy balance of new clients and expansion. The leasing business performed well due to of ...