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CBRE Non-GAAP EPS of $1.13 misses by $0.17, revenue of $7.53B misses by $200M

Oct. 27, 2022 6:44 AM ETCBRE Group, Inc. (CBRE) StockBy: Gaurav Batavia, SA News Editor1 Comment
  • CBRE press release (NYSE:CBRE): Q3 Non-GAAP EPS of $1.13 misses by $0.17.
  • Revenue of $7.53B (+10.9% Y/Y) misses by $200M.
  • “Lower third quarter core earnings-per-share reflected a sharp deterioration in the macro environment, particularly with regard to capital availability for transactions,” said Bob Sulentic, CBRE president and chief executive officer. 

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