CBRE Group (CBRE) Reports Next Week: Wall Street Expects Earnings Growth

Core Viewpoint - Wall Street anticipates a year-over-year increase in earnings for CBRE Group, with a focus on how actual results compare to estimates impacting stock price [1][2] Earnings Expectations - CBRE is expected to report quarterly earnings of $2.66 per share, reflecting a +14.7% change year-over-year [3] - Revenues are projected to reach $11.51 billion, which is a 10.7% increase from the previous year [3] Estimate Revisions - The consensus EPS estimate has been revised 0.39% higher in the last 30 days, indicating a reassessment by analysts [4] - A negative Earnings ESP of -0.19% suggests analysts have become bearish on CBRE's earnings prospects [12] Earnings Surprise Prediction - The Zacks Earnings ESP model indicates that a positive reading is a strong predictor of an earnings beat, particularly when combined with a Zacks Rank of 1, 2, or 3 [10] - CBRE currently holds a Zacks Rank of 3, making it challenging to predict an earnings beat [12] Historical Performance - In the last reported quarter, CBRE exceeded earnings expectations by +9.52%, with a surprise history of beating consensus EPS estimates in the last four quarters [13][14] Conclusion - While CBRE does not appear to be a compelling earnings-beat candidate, investors should consider other factors before making investment decisions [17]