By Adriano Marchese
Colliers International Group's first quarter loss widened despite segment strength across the board supported higher revenue.
The commercial real estate services and investment-management company on Tuesday posted a net loss of $24 million, or 47 cents a share, widening from $4.3 million, or 8 cents a share, in the comparable quarter a year ago.
Adjusted earnings were 91 cents a share. According to FactSet, analysts were expecting 94 cents a share.
Revenues rose to $1.31 billion from $1.14 billion a year earlier, coming in ahead of expectations of $1.27 billion.
Of its segments, commercial real estate logged 14% higher revenue, while engineering revenues rose 23%. Investment management was up 7%.
Write to Adriano Marchese at adriano.marchese@wsj.com
(END) Dow Jones Newswires
May 05, 2026 08:31 ET (12:31 GMT)
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