Cushman & Wakefield plc (CWK) Tops Q2 EPS by 30c, Announces Planned CEO Succession
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Cushman & Wakefield Reports Financial Results for Second Quarter 2021; Announces Planned CEO Succession, John Forrester to become Chief Executive Officer effective January 1, 2022 and Brett White
August 5, 2021 4:18 PM EDTCHICAGO--(BUSINESS WIRE)-- Cushman & Wakefield (NYSE: CWK) today reported financial results for the second quarter ended June 30, 2021:
Revenue for the second quarter of 2021 of $2.2 billion was up 29% (up 25% local currencyi) from the second quarter of 2020. Fee revenue of $1.6 billion was up 39% (up 34% local currency) versus prior year. Fee revenue better than expected across all segments and service lines, brokerage fee revenue improved 89% on local currency led by the Americas Property, facilities and project management and Valuation and other fee revenue grew 7% and 16%,... More