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CBRE Group's Q3 Core Earnings, Revenue Increase; 2024 Core Earnings Guidance Raised
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CBRE Group's Q3 Core Earnings, Revenue Increase; 2024 Core Earnings Guidance Raised
Nov 2, 2024 5:50 AM

07:26 AM EDT, 10/24/2024 (MT Newswires) -- CBRE Group ( CBRE ) reported Q3 core earnings Thursday of $1.20 per diluted share, up from $0.72 a year earlier.

Analysts polled by Capital IQ expected $1.06.

Total revenue for the quarter ended Sept. 30 was $9.04 billion, up from $7.87 billion a year earlier.

Analysts surveyed by Capital IQ expected $8.80 billion.

The real estate company said it now expects 2024 core earnings of $4.95 to $5.05, up from $4.70 to $4.90 anticipated previously. Analysts polled by Capital IQ expect $4.82.

CBRE ( CBRE ) shares were up more than 5% in premarket trading.

Price: 130.00, Change: +6.88, Percent Change: +5.59

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