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CBRE Group's (CBG) CEO Bob Sulentic on Q1 2018 Results - Earnings Call Transcript

May 02, 2018 2:16 PM ETCBRE Group, Inc. (CBRE)
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CBRE Group, Inc. (NYSE:CBRE) Q1 2018 Earnings Conference Call May 2, 2018 8:30 AM ET


Brad Burke - IR

Bob Sulentic - President & CEO

Jim Groch - CFO & Head, Corporate Development


Anthony Paolone - J.P. Morgan

Jason Green - Evercore ISI

Stephen Sheldon - William Blair

Nick Yulico - UBS

Ryan Tomasello - KBW

Mitch Germain - JMP Securities

Patrick O'Shaughnessy - Raymond James

David Ridley-Lane - Bank of America Merrill Lynch


Greetings, and welcome to the CBRE First Quarter Earnings Call. At this time, all participants are in a listen-only mode. A brief question-and-answer session will follow the formal presentation. [Operator Instructions]. As a reminder, this conference is being recorded.

I’d now like to turn the conference over to Brad Burke with Investor Relations. Please go ahead.

Brad Burke

Thank you and welcome to CBRE's first quarter 2018 earnings conference call. Earlier today, we issued a press release announcing our financial results, and it is posted on our Web site, cbre.com. On the Investor Relations page of our Web site, 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 first quarter 2018 earnings report furnished on Form 8-K and our most recent Annual Report furnished 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

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