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CBRE Group's (CBG) CEO Robert Sulentic on Q3 2017 Results - Earnings Call Transcript

Nov. 03, 2017 10:47 AM ETCBRE Group, Inc. (CBRE)
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CBRE Group, Inc. (CBG) Q3 2017 Earnings Conference Call November 3, 2017 8:30 AM ET


Bradley Burke - IR

Robert Sulentic - CEO, President and Director

James Groch - CFO and Global Director of Corporate Development


Joshua Lamers - William Blair & Company

Greg McGinniss - UBS Investment Bank

Jade Rahmani - KBW

David Ridley-Lane - Bank of America Merrill Lynch


Greetings, and welcome to CBRE Third Quarter Conference Call. [Operator Instructions]. I would now like to turn the conference over to your host, Brad Burke.

Bradley Burke

Thank you, and welcome to CBRE's Third Quarter 2017 Earnings Conference Call. Earlier today, we issued a press release announcing our financial results, and it is posted on the homepage of our website, cbre.com. On this page, you will find a presentation slide deck that you can use to follow along with our prepared remarks.

This presentation contains forward-looking statements. These include statements regarding CBRE's future growth momentum, operations, market share, business outlook and financial performance expectations. These statements should be considered estimates only, and actual results may ultimately differ from these estimates. For a full discussion of the risks and other factors that may impact these forward-looking statements, please refer to our third quarter 2017 earnings report furnished on Form 8-K and our most recent Annual Report on Form 10-K.

During our remarks, we may refer to certain non-GAAP financial measures, as defined by SEC regulations. Where required by these regulations, we have provided reconciliations to what we believe are the most directly comparable GAAP measures. These reconciliations, together with explanations of these measures, can be found within the appendix of this presentation. Additionally, all growth rate percentages cited in our remarks are in local currency unless otherwise stated. References to results before FX impacts also exclude the impact of FX hedging activity.

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