CBRE Group Inc. (CBG) Thursday reported first-quarter net income of $37.5 million or $0.11 per share, up from $27.0 million or $0.08 per share last year.
Adjusted earnings for the quarter improved to $0.16 per share from $0.14 per share last year. Analysts polled by Thomson Reuters estimated earnings of $0.17 per share for the quarter. Analysts' estimates typically exclude special items.
Revenues for the quarter grew to $1.48 billion from $1.35 billion last year. Analysts estimated revenues of $1.45 billion for the quarter.
The company continues to expect adjusted earnings of $1.40 to $1.45 per share for the full year 2013. Analysts currently estimate earnings of $1.42 per share on revenues of $7.04 billion for the year.
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June 05, 2026 16:18 ET A busy week for economic news flow saw a slew of reports being released that reflected the trends in the U.S. labor market. In Europe, economic growth and inflation data gained attention as the European Central Bank and Bank of England head for policy session later in the month. In Asia, the monetary policy session of the Indian central bank was in focus as the country, a major oil importer, reels under the pressures of a weaker rupee and rising inflation.