CBRE Group (NYSE:CBRE) reported its Q3 earnings results on Thursday, October 27, 2022 at 06:42 AM.
Here’s what investors need to know about the announcement.
Earnings
CBRE Group missed estimated earnings by 11.02%, reporting an EPS of $1.13 versus an estimate of $1.27.
Revenue was up $732.00 million from the same period last year.
Past Earnings Performance
Last quarter the company beat on EPS by $0.43 which was followed by a 2.02% increase in the share price the next day.
Here’s a look at CBRE Group’s past performance:
| Quarter | Q2 2022 | Q1 2022 | Q4 2021 | Q3 2021 |
|---|---|---|---|---|
| EPS Estimate | 1.40 | 1.08 | 1.78 | 1.16 |
| EPS Actual | 1.83 | 1.39 | 2.19 | 1.39 |
| Revenue Estimate | 7.75B | 7.55B | 8.16B | 6.64B |
| Revenue Actual | 7.77B | 7.33B | 8.55B | 6.80B |
To track all earnings releases for CBRE Group visit their earnings calendar here.
This article was generated by Benzinga’s automated content engine and reviewed by an editor.