Thursday, April 25, 7:35 PM
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.
Comment![Earnings, Financials]
Thursday, April 25, 4:52 PMCB Richard Ellis (CBG): Q1 EPS of $0.16 misses by $0.02. Revenue of $1.5B (+9% Y/Y) beats by $0.05B. (PR)
Comment![Earnings, Breaking News, Financials]
Tuesday, March 19, 7:41 AM
CBRE Group (CBG) purchases IMPACT-CORTI, a leading property management firm in the Czech Republic and Slovakia. The company has 6M square feet under management and annual revenue of about $10M. CBRE had about $6.5B in revenue over the last 12 months. (PR)
Comment![Financials, M&A]
Monday, February 4, 2:59 PM
The latest Fed survey on bank lending practices shows hopeful movement in commercial real estate activity, writes Bill McBride, with respondents overall continuing to ease lending standards while reporting stronger demand for loans.
Comment![U.S. Economy]
Tuesday, October 30, 2012, 4:41 PMCBRE Group (CBG): Q3 EPS of $0.26 misses by $0.07. Revenue of $1.56B (+1.5% Y/Y) misses by $130M. (PR)
Comment![Earnings]
Wednesday, August 1, 2012, 2:10 PM
CBRE Group (CBG +7%) pops after beating top line Q2 estimates late yesterday. Net income surged 24% Y/Y, as global profit rose in every one of its business lines. Performance was particularly strong in its Americas region - its largest top-line contributor - which posted strong revenue growth.
Comment![Earnings, On the Move]
Tuesday, July 31, 2012, 4:20 PMCB Richard Ellis Group (CBG): Q2 EPS of $0.27 in-line. Revenue of $1.6B (+12.6% Y/Y) beats by $30M. Shares +0.8% AH. (PR)
Comment![Earnings]