CBRE Group (CBRE) Tops Q1 EPS by 19c

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Go back to CBRE Group (CBRE) Tops Q1 EPS by 19c

CBRE Group, Inc. Reports Strong Revenue and Earnings Growth for First-Quarter 2019

May 8, 2019 6:55 AM EDT

GAAP EPS of $0.48, up 9%
Adjusted EPS of $0.79, up 46%
Revenue up 10% and Fee Revenue up 7%

LOS ANGELES--(BUSINESS WIRE)-- CBRE Group, Inc. (NYSE: CBRE) today reported strong financial results for the first quarter ended March 31, 2019.

CBRE had an excellent start to 2019, as the positive momentum we experienced last year carried over into the first quarter, said Bob Sulentic, president and chief executive officer of CBRE. Strong operating leverage across each of our three business segments drove impressive bottom-line growth. Importantly,... More