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Barchart
Barchart
Aditya Sarawgi

CBRE Group Earnings Preview: What to Expect

Valued at $36.4 billion by market cap, Dallas-based CBRE Group, Inc. (CBRE) is the global leader in commercial real estate services and investment. It provides integrated services to real estate investors and occupiers and operates through Advisory Services, Global Workplace Solutions and Real Estate Investments segments. CBRE employs nearly 140,000 people in its 500+ offices spread across 100+ countries around the globe.

The real estate giant is gearing up to announce its first-quarter results before the markets open on Thursday, Apr. 24. Ahead of the event, analysts expect CBRE to report a non-GAAP profit of $0.82 per share, up 5.1% from $0.78 per share reported in the year-ago quarter. Furthermore, the company has surpassed Wall Street’s bottom-line projections in each of the past four quarters by notable margins.

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