07:45 AM EST, 11/04/2025 (MT Newswires) -- Colliers International Group ( CIGI ) on Tuesday reported a rise in both adjusted earnings per share and revenue, also beating analyst's estimates in the third quarter.

For the three-months ended Sept. 30, adjusted EPS was US$1.64 compared with $1.32 per share, a year earlier, beating consensus estimate compiled by FactSet of $1.57.

Revenue for the quarter increased to $1.46 billion compared with $1.18 billion, a year-ago, beating a consensus estimate compiled by FactSet of $1.35 billion.

The company said its engineering segment "achieved impressive growth this quarter," driven by strategic acquisitions and "robust" organic performance.

"Real estate services also delivered excellent results marked by a surge in leasing and capital markets transactions," said Colliers' chief executive Jay S. Hennick. "While the Capital Markets recovery has been gradual, we expect continued acceleration as interest rates normalize and investor confidence increases."

The company maintained its 2025 outlook of low-teens percentage revenue growth, mid-teens adjusted EBITDA growth and mid to high-teens adjusted EPS growth.

Shares of the company closed down 0.2% to $223.21 on Monday on the Toronto Stock Exchange.