BUZZ-CBRE rises after forecasting annual profit above estimates
Reuters
Yesterday
BUZZ-CBRE rises after forecasting annual profit above estimates
** Real estate services firm CBRE Group's CBRE.N shares rise 3.3% at $154.5 premarket
** Co forecasts annual profit above Wall Street estimates, citing solid momentum in leasing and facilities management amid rapid data center expansion
** Sees 2026 core earnings per share between $7.30 and $7.60, midpoint of which is above analysts' expectations of $7.36 per share - data compiled by LSEG
** Posts Q4 core earnings per share of $2.73, above analysts' estimates of $2.68
** Reports Q4 revenue of $11.63 billion vs. Wall Street's estimates of $11.71 billion
** CBRE gained 22.5% in 2025
(Reporting by Megavarshini G. Somasundaram in Bengaluru)
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