CBRE Group (CBRE) Tops Q3 EPS by 4c

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Go back to CBRE Group (CBRE) Tops Q3 EPS by 4c

CBRE Group, Inc. Reports Double-Digit Third-Quarter 2018 Revenue and Earnings Growth

November 1, 2018 6:55 AM EDT

GAAP EPS up 47% to $0.85
Adjusted EPS up 22% to $0.79
Revenue up 13% (15% local currency)
Fee Revenue up 13% (14% local currency)

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

We continue to deliver double-digit increases on the top- and bottom-lines, said Bob Sulentic, president and chief executive officer of CBRE. Our strong growth this quarter was driven by gains across major parts of our business notably, global leasing, occupier outsourcing, mortgage origination and development services.

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