Cushman & Wakefield plc (CWK) Tops Q2 EPS by 11c
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Cushman & Wakefield Reports Financial Results for Second Quarter 2020
August 6, 2020 4:10 PM EDTCHICAGO--(BUSINESS WIRE)-- Cushman & Wakefield (NYSE: CWK) today reported financial results for the second quarter ended June 30, 2020:
Revenue for the second quarter of 2020 of $1.7 billion was down 18% (16% local currencyi) from second quarter of 2019. Fee revenue of $1.2 billion was down 26% (24% local currency) versus the prior year. Net loss and loss per share for the second quarter of 2020 was $100.8 million and $0.46, respectively. Adjusted earnings per share was $0.19. Adjusted EBITDA was $118.8 million, down 32% (31% local currency) from second quarter of 2019. The Company... More