Market Overview

CBRE Group: Q3 Earnings Insights

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Shares of CBRE Group (NYSE:CBRE) decreased 0.3% in pre-market trading after the company reported Q3 results.

Quarterly Results

Earnings per share fell 7.59% over the past year to $0.73, which beat the estimate of $0.42.

Revenue of $5,645,000,000 declined by 4.73% from the same period last year, which beat the estimate of $5,300,000,000.

Outlook

CBRE Group hasn't issued any earnings guidance for the time being.

CBRE Group hasn't issued any revenue guidance for the time being.

How To Listen To The Conference Call

Date: Oct 29, 2020

Time: 08:30 AM

ET Webcast URL: https://event.on24.com/eventRegistration/EventLobbyServlet?target=reg20.jsp&referrer=https%3A%2F%2Fir.cbre.com%2F&eventid=2633858&sessionid=1&key=310CAAE68CCCD79108ECC365B52157C6&regTag=&sourcepage=register

Price Action

52-week high: $64.75

Company's 52-week low was at $29.17

Price action over last quarter: Up 6.22%

Company Description

CBRE Group provides a wide range of real estate services to owners, occupants, and investors worldwide, including leasing, property and project management, and capital markets advisory. Additionally, CBRE's investment management arm manages over $100 billion for clients across diverse public and private real estate strategies.

 

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Posted-In: Earnings News