CBRE Group (CBRE) Q4 Earnings and Revenues Top Estimates

CBRE Group Inc.’s (CBRE) fourth-quarter 2023 core earnings per share (EPS) of $1.38 surpassed the Zacks Consensus Estimate of $1.21. Quarterly revenues of $8.95 billion also compared favorably with the Zacks Consensus Estimate of $8.62 billion. Reflecting positive sentiments, shares of CBRE were up more than 8% so far today.Results reflect growth in its resilient lines of business, led by Global Workplace Solutions (“GWS”). Despite growth in GWS and other resilient businesses, commercial real estate capital ...