Cushman & Wakefield plc (CWK) Tops Q4 EPS by 8c

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Cushman & Wakefield Reports Financial Results for Fourth Quarter and Full Year 2020

February 25, 2021 4:06 PM EST

CHICAGO--(BUSINESS WIRE)-- Cushman & Wakefield (NYSE: CWK) today reported financial results for the fourth quarter and full year ended December 31, 2020:

Revenue for the fourth quarter of 2020 was $2.3 billion, down 13% (14% local currencyi). Fee revenue was $1.6 billion, down 13% (15% local currency). Fee revenue was better than expected for the quarter driven by brokerage, especially Americas Capital markets Property, facilities and project management fee revenue was stable Net loss and Loss per share for the fourth quarter of 2020 were $27.3 million and $0.12, respectively. Adjusted earnings per share was... More