CBRE Group, Inc. (CBRE) revealed earnings for its third quarter that Increased from last year and beat the Street estimates.
The company's earnings came in at $363 million, or $1.21 per share. This compares with $225 million, or $0.73 per share, last year.
Excluding items, CBRE Group, Inc. reported adjusted earnings of $484 million or $1.61 per share for the period.
Analysts on average had expected the company to earn $1.46 per share. Analysts' estimates typically exclude special items.
The company's revenue for the period rose 13.5% to $10.258 billion from $9.036 billion last year.
CBRE Group, Inc. earnings at a glance (GAAP) :
-Earnings: $363 Mln. vs. $225 Mln. last year.-EPS: $1.21 vs. $0.73 last year.-Revenue: $10.258 Bln vs. $9.036 Bln last year.
-Guidance:Full year EPS guidance: $6.25 - $6.35
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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.