Overview

• Commercial real estate firm's Q4 revenue slightly missed analyst expectations

• Core EPS for Q4 beat analyst expectations

• Company acquired Pearce Services for $1.2 bln, enhancing infrastructure capabilities

Outlook

• CBRE expects 2026 Core EPS between $7.30 and $7.60

• Company anticipates continued strong growth in sales and leasing globally

• CBRE is streamlining operations and investing to sustain future growth

Result Drivers

• SALES AND LEASING GAINS - Significant increases in sales and leasing revenue, especially in the U.S. and EMEA, drove Q4 results

• ACQUISITION IMPACT - Acquisition of Pearce Services enhanced growth in the Building Operations & Experience segment

• RESILIENT BUSINESSES - Continued double-digit revenue growth in resilient businesses contributed to overall performance

Key Details

*Applies to a deviation of less than 1%; not applicable for per-share numbers.

Analyst Coverage

• The current average analyst rating on the shares is "buy" and the breakdown of recommendations is 11 "strong buy" or "buy", 3 "hold" and no "sell" or "strong sell"

• The average consensus recommendation for the real estate services peer group is "buy"

• Wall Street's median 12-month price target for CBRE Group Inc is $191.00, about 27.8% above its February 11 closing price of $149.49

• The stock recently traded at 20 times the next 12-month earnings vs. a P/E of 21 three months ago

Press Release: ID:nBw68F1Hja

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(This story was created using Reuters automation and AI based on LSEG and company data. It was checked and edited by a Reuters journalist prior to publication.)