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CBRE: Q3 Earnings Snapshot
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DALLAS (AP) — DALLAS (AP) — CBRE Group Inc. (CBRE) on Thursday reported third-quarter earnings of $443 million.

On a per-share basis, the Dallas-based company said it had net income of $1.52. Earnings, adjusted for costs related to mergers and acquisitions and amortization costs, were $2.05 per share.

The results beat Wall Street expectations. The average estimate of four analysts surveyed by Zacks Investment Research was for earnings of $1.97 per share.

The provider of real estate investment management services posted revenue of $11.52 billion in the period, missing Street forecasts. Three analysts surveyed by Zacks expected $11.77 billion.

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This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on CBRE at https://www.zacks.com/ap/CBRE

Disclaimer:This article represents the opinion of the author only. It does not represent the opinion of Webull, nor should it be viewed as an indication that Webull either agrees with or confirms the truthfulness or accuracy of the information. It should not be considered as investment advice from Webull or anyone else, nor should it be used as the basis of any investment decision.
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