Colliers International (CIGI) Misses Q3 EPS by 18c, provides guidance

Colliers International (NASDAQ: CIGI) reported Q3 EPS of $1.32, $0.18 worse than the analyst estimate of $1.50. Revenue for the quarter came in at $1.18 billion versus the consensus estimate of $1.18 billion.

Outlook for 2024
The Company has revised its 2024 outlook to reflect year-to-date results and updated fundraising expectations in its high-margin Investment Management segment for the remainder of the year.

Revenue growth +8% to +13%
Adjusted EBITDA growth +8% to +12%
Adjusted EPS growth +6% to +12%

For earnings history and earnings-related data on Colliers International (CIGI) click here.

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