financetom
Business
financetom
/
Business
/
Colliers International Q3 Adjusted Earnings, Revenue Rise; 2024 EPS Growth Outlook Cut
News World Market Environment Technology Personal Finance Politics Retail Business Economy Cryptocurrency Forex Stocks Market Commodities
Colliers International Q3 Adjusted Earnings, Revenue Rise; 2024 EPS Growth Outlook Cut
Nov 5, 2024 5:31 AM

07:56 AM EST, 11/05/2024 (MT Newswires) -- Colliers International Group ( CIGI ) reported Q3 adjusted earnings Tuesday of $1.32 per diluted share, up from $1.19 a year earlier.

Analysts polled by Capital IQ expected $1.48.

Revenue for the quarter ended Sept. 30 was $1.18 billion, up from $1.06 billion a year earlier.

Analysts polled by Capital IQ expected $1.17 billion.

For full year 2024, the company now expects adjusted EPS growth of 6% to 12%, compared with 11% to 21% previously. Revenue growth for the year is still expected to range from 8% to 13%.

Comments
Welcome to financetom comments! Please keep conversations courteous and on-topic. To fosterproductive and respectful conversations, you may see comments from our Community Managers.
Sign up to post
Sort by
Show More Comments
Related Articles >
Deals of the day-Mergers and acquisitions
Deals of the day-Mergers and acquisitions
Aug 23, 2024
Aug 22 (Reuters) - The following bids, mergers, acquisitions and disposals were reported by 0930 GMT on Thursday: ** Japan's Tohokushinsha said its board of directors deemed it inappropriate to accept 3D Investment Partners' privatisation proposal. ** The UK competition regulator said its in-depth probe has provisionally found that Lindab's acquisition of British ventilation firm HAS-Vent could result in higher...
Oil Price Continue to Rebound From Seven-Month Low, but Hopes for Return to Bullish Market Fade
Oil Price Continue to Rebound From Seven-Month Low, but Hopes for Return to Bullish Market Fade
Aug 23, 2024
08:50 AM EDT, 08/23/2024 (MT Newswires) -- Oil prices rose early on Friday, advancing for a second day after falling to a seven-month low on Wednesday on demand concerns and diminishing geopolitical worries. West Texas Intermediate crude for October delivery was last seen up US$1.39 to US$74.40 per barrel, while October Brent crude, the global benchmark, was up US$1.24 to...
Canadian pipeline operator Trans Mountain names insider Maki as CEO
Canadian pipeline operator Trans Mountain names insider Maki as CEO
Aug 23, 2024
Aug 23 (Reuters) - Canadian pipeline operator Trans Mountain Corp on Friday named insider Mark Maki as its chief executive officer from Sept. 1. Maki is currently chief financial and strategy officer and will replace Dawn Farrell who will become board chairman. He joined the role in 2020 and before that was with Canada's largest pipeline operator Enbridge ( ENB...
Tactical Resources to List on Nasdaq Through Merger With SPAC Plum Acquisition III
Tactical Resources to List on Nasdaq Through Merger With SPAC Plum Acquisition III
Aug 23, 2024
08:01 AM EDT, 08/23/2024 (MT Newswires) -- Plum Acquisition Corp. III (PLMJ), a special purpose acquisition company, and mineral exploration and development firm Tactical Resources have entered into a definitive agreement for a business combination, which implies a pro forma enterprise value of $589 million, both firms said in a joint statement. The business combination assumes Tactical Resources is delivered...
Copyright 2023-2026 - www.financetom.com All Rights Reserved