CBRE Raises Full-Year Core Earnings View After 3Q Profit Rises

Dow Jones
2025/10/23
 

By Josee Rose

 

CBRE said third-quarter earnings and revenue rose and raised its core earnings view for the year.

The real-estate services firm said Thursday posted net income of $363 million, or $1.21 a share, compared with $225 million, or 73 cents a share, a year earlier. It said core earnings were $1.61 a share.

Revenue for the quarter rose to $10.26 billion as all of its segments grew.

On average, for the quarter, analysts had been expecting earnings of $1.29 a share, adjusted earnings of $1.46 a share and revenue of $10.11 billion.

CBRE said both advisory services revenue and global leasing revenue rose in the quarter, while global property sales revenue rose 30%, which was stronger than expected.

The company raised its core earnings outlook to $6.25 to $6.35 a share, from a prior view of $6.10 to $6.20 a share. Analysts are expecting full-year adjusted earnings of $6.20 a share.

 

Write to Josee Rose at josee.rose@wsj.com

 

(END) Dow Jones Newswires

October 23, 2025 07:15 ET (11:15 GMT)

Copyright (c) 2025 Dow Jones & Company, Inc.

应版权方要求,你需要登录查看该内容

免责声明:投资有风险,本文并非投资建议,以上内容不应被视为任何金融产品的购买或出售要约、建议或邀请,作者或其他用户的任何相关讨论、评论或帖子也不应被视为此类内容。本文仅供一般参考,不考虑您的个人投资目标、财务状况或需求。TTM对信息的准确性和完整性不承担任何责任或保证,投资者应自行研究并在投资前寻求专业建议。

热议股票

  1. 1
     
     
     
     
  2. 2
     
     
     
     
  3. 3
     
     
     
     
  4. 4
     
     
     
     
  5. 5
     
     
     
     
  6. 6
     
     
     
     
  7. 7
     
     
     
     
  8. 8
     
     
     
     
  9. 9
     
     
     
     
  10. 10