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CBRE Group Q3 Profit Tops Estimates


RTTNews | Oct 29, 2020 11:04AM EDT

11:04 Thursday, October 29, 2020 (RTTNews.com) - CBRE Group, Inc. (CBRE) reported that its third quarter adjusted earnings per share decreased to $0.73 from $0.79, prior year. On average, seven analysts polled by Thomson Reuters expected the company to report profit per share of $0.42, for the quarter. Analysts' estimates typically exclude special items. Adjusted EBITDA was $442 million compared to $455 million, previous year.

Third quarter revenue declined to $5.65 billion from $5.93 billion, previous year. Analysts expected revenue of $5.3 billion, for the quarter.

Read the original article on RTTNews ( https://www.rttnews.com/3140933/cbre-group-q3-profit-tops-estimates.aspx)

For comments and feedback: contact editorial@rttnews.com

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