More CB Richard Ellis (CBG): Q1 comes largely in line on revenue but misses on EPS estimate. Net...

|About: CB Richard Ellis Group, Inc. (CBG)|By:, SA News Editor

More CB Richard Ellis (CBG): Q1 comes largely in line on revenue but misses on EPS estimate. Net profit rose 39% Y/Y as the commercial real-estate brokerage posted stronger property sales and revenue growth in all its major regions. Global property sales revenue rose 21%, while on a regional basis, revenue grew 9.5% in the Americas, +16% in Europe, the Middle East and Africa and 8.5% in the Asia Pacific region.