CBRE Group (CBRE) Tops Q2 EPS by 3c

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Go back to CBRE Group (CBRE) Tops Q2 EPS by 3c

CBRE Group, Inc. Reports Double-Digit Second-Quarter 2018 Revenue and Earnings Growth and Increases Full-Year Outlook

August 2, 2018 6:55 AM EDT

GAAP EPS up 14% to $0.67
Adjusted EPS up 10% to $0.74
Revenue up 15% (13% local currency)
Fee Revenue up 15% (12% local currency)

LOS ANGELES--(BUSINESS WIRE)-- CBRE Group, Inc. (NYSE: CBRE) today reported strong financial results for the second quarter ended June 30, 2018.

We were pleased to have produced another strong quarter of double-digit growth in revenue, fee revenue and adjusted earnings per share, said Bob Sulentic, CBREs president and chief executive officer. We benefited significantly from the diversity and strength of our business... More