Performance Diverges from Expectations with Core EPS Decline and Revenue Growth
Commercial real estate firm CBRE (NYSE:CBRE) reported results in line with analysts' expectations in Q1 CY2024, with revenue up 7.1% year on year to $7.94 billion. It made a non-GAAP profit of $0.78 per share, improving from its profit of $0.37 per share in the same quarter last year.
DALLAS, May 03, 2024--CBRE Group, Inc. (NYSE:CBRE) today reported financial results for the first quarter ended March 31, 2024.