CBRE Group (CBRE) Tops Q1 EPS by 5c

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Go back to CBRE Group (CBRE) Tops Q1 EPS by 5c

CBRE Group, Inc. Reports Strong Financial Results for First-Quarter 2018

May 2, 2018 6:55 AM EDT

GAAP EPS of $0.44, up 10%
Adjusted EPS of $0.54, up 20%
Revenue and Fee Revenue up 15% and 18%, respectively

LOS ANGELES--(BUSINESS WIRE)-- CBRE Group, Inc. (NYSE: CBRE) today reported strong financial results for the first quarter ended March 31, 2018.

CBRE had an excellent start to 2018 with double-digit growth in revenue and a 20% increase in adjusted earnings per share, said Bob Sulentic, CBREs president and chief executive officer. Our performance for the quarter paced by growth in global occupier outsourcing, capital markets and our Asia Pacific business results from the execution of... More