CBRE Group (CBRE) Earnings Expected to Grow: Should You Buy?

Core Viewpoint - Wall Street anticipates a year-over-year increase in earnings for CBRE Group, driven by higher revenues, with a focus on how actual results will compare to estimates impacting stock price [1][2]. Earnings Expectations - CBRE is expected to report quarterly earnings of $2.20 per share, reflecting a year-over-year increase of +59.4$10.27 billion, representing a 14.8% increase from the previous year [3]. Estimate Revisions - The consensus EPS estimate has been revised 2.35% lower in the last 30 days, indicating a reassessment by analysts [4]. - A positive Earnings ESP of +1.67% suggests analysts have recently become more optimistic about CBRE's earnings prospects [10][11]. Earnings Surprise Prediction - The Zacks Earnings ESP model indicates that a positive reading is a strong predictor of an earnings beat, especially when combined with a Zacks Rank of 1, 2, or 3 [8]. - CBRE currently holds a Zacks Rank of 3, indicating a likelihood of beating the consensus EPS estimate [11]. Historical Performance - In the last reported quarter, CBRE exceeded the expected earnings of $1.06 per share by delivering$1.20, resulting in a surprise of +13.21% [12]. - Over the past four quarters, CBRE has consistently beaten consensus EPS estimates [13]. Industry Comparison - Zillow, another player in the real estate operations industry, is expected to post earnings of $0.29 per share, with a year-over-year change of +45$540.64 million, up 14.1% [17]. - Zillow's higher Most Accurate Estimate has resulted in an Earnings ESP of 15.52%, combined with a Zacks Rank of 2, indicating a strong likelihood of beating the consensus EPS estimate [18].