Colliers International Reports Solid First Quarter Results

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Colliers International (CIGI) Tops Q1 EPS by 6c, Revenues Miss

April 28, 2020 7:10 AM EDT

Colliers International (NASDAQ: CIGI) reported Q1 EPS of $0.54, $0.06 better than the analyst estimate of $0.48. Revenue for the quarter came in at $630.4 million versus the consensus estimate of $685.07 million.

Colliers began 2020 with solid results despite the initial impact of the COVID-19 pandemic in Asia early in the quarter, with the rest of our operations affected primarily in March, said Jay S. Hennick, Global Chairman and CEO of Colliers... More