CBRE Group (CBRE) Misses Q4 EPS by 3c, Offers Guidance

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Go back to CBRE Group (CBRE) Misses Q4 EPS by 3c, Offers Guidance

CBRE Group, Inc. Reports Financial Results for Q4 and Full Year 2019

February 27, 2020 6:55 AM EST

2019 Revenue and Earnings Reach New Highs
Company Expects Adjusted EPS of $4.05 to $4.25 for 2020

LOS ANGELES--(BUSINESS WIRE)-- CBRE Group, Inc. (NYSE: CBRE) today reported financial results for the fourth quarter and year ended December 31, 2019.

We ended 2019 with solid growth, highlighting the benefits of our diverse business, said Bob Sulentic, CBREs president & chief executive officer. Our performance for the fourth quarter was led by very strong property sales and occupier outsourcing growth, which more than offset a decline in leasing activity and lower contributions from our Real Estate... More