CBRE Group (NYSE:CBRE) reported its Q1 earnings results on Thursday, May 5, 2022 at 06:55 AM.
Here's what investors need to know about the announcement.
Earnings
CBRE Group beat estimated earnings by 28.7%, reporting an EPS of $1.39 versus an estimate of $1.08.
Revenue was up $1.39 billion from the same period last year.
Past Earnings Performance
Last quarter the company beat on EPS by $0.41 which was followed by a 5.1% increase in the share price the next day.
Here's a look at CBRE Group's past performance:
| Quarter | Q4 2021 | Q3 2021 | Q2 2021 | Q1 2021 |
|---|---|---|---|---|
| EPS Estimate | 1.78 | 1.16 | 0.73 | 0.67 |
| EPS Actual | 2.19 | 1.39 | 1.36 | 0.86 |
| Revenue Estimate | 8.16B | 6.64B | 6.03B | 5.80B |
| Revenue Actual | 8.55B | 6.80B | 6.46B | 5.94B |
To track all earnings releases for CBRE Group visit their earnings calendar here.
This article was generated by Benzinga's automated content engine and reviewed by an editor.
