CBRE Group A Stock News

CBRE Group consistently beats earnings estimates, raised its 2024 outlook, and plans increased share buybacks, indicating confidence in undervalued stock. The recent Federal Funds rate cut has boosted real estate investment interest, enhancing CBRE's outlook and benefiting from the easing cycle. CBRE's diverse services and strong reputation create a resilient business model, well-positioned to ...

I maintain a Buy rating for CBRE, driven by strong Q3 results and expectations of substantial earnings growth for FY 2024 and FY 2025. CBRE's Q3 2024 revenue and non-GAAP adjusted EPS exceeded expectations, with notable performance from the Advisory Services segment, which saw significant revenue and operating income growth. The company raised its FY 2024 EPS guidance considering robust office ...

CBRE Group, Inc. (NYSE:CBRE ) Q3 2024 Results Conference Call October 24, 2024 8:30 AM ET Company Participants Chandni Luthra - Executive Vice President, Head of FP&A and Investor Relations Bob Sulentic - Chair & Chief Executive Officer Emma Giamartino - Chief Financial Officer Conference Call Participants Michael Griffin - Citi Anthony Paolone - JPMorgan Chase Steve Sakwa - Evercore ISI Stephe...

DALLAS--(BUSINESS WIRE)--CBRE Group, Inc. (NYSE:CBRE) today reported financial results for the third quarter ended September 30, 2024. Key Highlights: GAAP EPS up 20% to $0.73; Core EPS up 67% to $1.20 Revenue up 15%; net revenue up 20% Resilient Business(1) net revenue increased 18%, anchored by Turner & Townsend Global leasing revenue surged 19%, supported by a 24% increase in the United Stat...

DALLAS--(BUSINESS WIRE)--CBRE Group, Inc. (NYSE:CBRE) has been named to 3BL's annual 100 Best Corporate Citizens ranking for the sixth consecutive year. CBRE advanced 24 spots to rank No. 45 overall and was the only real estate services company to earn a place among the top 100. The 100 Best Corporate Citizens recognizes outstanding environmental, social and governance (ESG) transparency and pe...

On Tuesday, CNBC's Jim Cramer told investors to remember the market's solid performance over the past quarter, suggesting things have broadened considerably beyond Big Tech. He reviewed the top performers on the S&P 500 over the past three months, including Kellanova, GE Vernova and Palantir.

DALLAS--(BUSINESS WIRE)--CBRE Group, Inc. (NYSE: CBRE) will release its third quarter 2024 financial results at approximately 6:55 a.m. Eastern time on Thursday, October 24, 2024. Management will hold a conference call to discuss these results at 8:30 a.m. Eastern time on that same day (Thursday, October 24, 2024). The event will be webcast live and accessible through the Investor Relations sec...

NEW YORK , Sept. 16, 2024 /PRNewswire/ -- NYLI CBRE Global Infrastructure Megatrends Term Fund (the "Fund") (NYSE: MEGI) today announced the Fund's monthly distributions for September 2024 of $0.1250 per common share.