CBRE Group (CBG) Tops Q4 EPS by 13c
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CBRE Group, Inc. Reports Strong Financial Results for Full-Year and Fourth-Quarter 2016
February 10, 2017 6:55 AM EST
2016 Full Year Highlights
Revenue
of $13.1 billion, up 20% (23% local currency)
Fee Revenue of
$8.7 billion, up 13% (15% local currency)
GAAP EPS of $1.69,
up 4%; Adjusted EPS of $2.30, up 12%
2016 Fourth Quarter Highlights
Revenue
of $3.8 billion, up 3% (6% local currency)
Fee Revenue of
$2.7 billion, up 4% (6% local currency)
GAAP EPS of $0.78,
up 47%; Adjusted EPS of $0.93, up 15%
LOS ANGELES--(BUSINESS WIRE)-- CBRE Group, Inc. (NYSE: CBG) today reported strong financial results for the year and fourth quarter ended December 31, 2016.
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