CBRE Group Inc
CBRE-
CBRE Group Inc. dropped 1.7% to $120.03 despite the property developer reporting higher revenue in the first quarter of 2025.
Revenue edged up to $8.91 billion from $7.93 billion, net income climbed to $163 million from $126 million, and diluted earnings per share rose to 54 cents from 41 cents a year ago.
The company has repurchased nearly $600 million worth of shares since year-end 2024.
In January, the company established two new business segments: building operations and experience, and project management, following strategic acquisitions.
CBRE guided fiscal 2025 core earnings per share to be between $5.80 and $6.10, compared to $5.10 in 2024.
Apr 25, 2025 -
CBRE Group declined 0.5% to $66.15 after the commercial real estate services and investment company reported a sharp decline in earnings.
Commercial real estate capital markets remain under severe pressure, leading to a sustained slowdown in property sales and debt financing activity.
Revenue in the third quarter increased 4.5% to $7.8 billion from $7.5 billion, net income plunged 57% to $191 million from $447 million, and diluted earnings per share declined to 61 cents from $1.38 a year ago.
CBRE revised its core earnings per share to decrease by mid-30%, compared with a 20% to 25% decline anticipated in the previous quarter.
Global leasing revenue declined 16%, driven by a 21% plunge in the Americas and 11% in Europe, the Middle East, and North Africa, but leasing revenue in the Asia-Pacific region jumped 11%.
Commercial property sales revenue plunged by 38% as buyers and sellers paused amid sharply rising interest rates.
In the Americas, commercial real estate sales revenue plunged 41%, EMEA dropped 47%, and APAC declined 12%.
The company repurchased approximately 6.2 million shares for $516 million, averaging $83.03 per share, during the third quarter of 2023, with approximately $1.5 billion of capacity remaining under the company’s authorized stock repurchase program as of September 30.
Oct 27, 2023 -
CBRE Group Inc declined about 8% to $82. 88 after the real estate leasing and advisory services provider reported on the worries of looming slowdown in commercial real estate market.
Revenue in the second quarter revenue declined 0.7% to $7.7 billion and net income plunged 58.7% to $201 million from $487 million and diluted earnings per share fell to 64 cents from $1.48 a year ago.
The company said comparison with the quarter last year was difficult because of "exceptional development earnings" in the quarter exceeded development operating profit in any year except 2021.
The company said because of delayed recovery in capital markets core earnings per share in 2023 is expected to decline between 20% and 25% from the previous year.
Advisory services revenue fell 21% to $2.04 billion, workspace solution, which includes office leases, rose 10.6% to $5.4 billion and real estate investment segment revenue fell 7.8% to $256 million.
Jul 27, 2023 -
CBRE Group, Inc soared 9.4% to $76.60 after the commercial real estate company reported first quarter results.
Revenue in the quarter increased 1.1% to $7.4 billion from $7.3 billion and net income dropped 70.2% to $117 million from $392 million and diluted earnings per share fell to 37 cents from $1.16 a year ago.
The company retained its full-year 2023 outlook and "with core earnings per share expected to decline by low-to-mid double digits this year, but then exceed the prior peak in 2024."
Global leasing revenue declined 8% and capital markets revenue plunged 43%, loan servicing revenue increased 5%, property management net revenue increased 1%, valuations revenue declined 9% and investment management revenue rose 3%.
Asset under management declined $0.4 billion to $148.9 billion.
The company repurchased approximately 1.4 million shares for $114 million for an average price of $83.48 per share in the first quarter, and $2.0 billion of capital available in the stock repurchase program as of March 31.
Apr 27, 2023
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| Trading Volume | 60,648 |
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117.01 - 65.75 |
| Market Cap Full | $ 35B |
Quarterly +
| 2026 | 2025 | 2024 | 2023 | |
|---|---|---|---|---|
| Q1 | 6.7% | -0.4% | 4.5% | -5.4% |
| Q2 | - | 7.1% | -6.2% | 10.8% |
| Q3 | - | 12.4% | 44.8% | -8.5% |
| Q4 | - | 2.1% | 5.4% | 27.5% |
Monthly +
| J | F | M | A | M | J | J | A | S | O | N | D |
| 2026 | |||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|
| 2.9 | - | - | - | - | - | - | - | - | - | - | - |
| 2025 | |||||||||||
| 10.2 | -2 | -7.8 | -6.7 | 2.3 | 12.1 | 11.1 | 4.2 | -2.9 | -3.2 | 7.8 | -2.1 |
| 2024 | |||||||||||
| -7.3 | 6.3 | 6 | -10.7 | 1.4 | 1.1 | 26.6 | 2.7 | 7.5 | 5.2 | 7 | -6.4 |
| 2023 | |||||||||||
| 11.1 | -0.4 | -14.5 | 5.3 | -2.2 | 7.7 | 3.3 | 2.1 | -13.2 | -6.1 | 13.9 | 17.9 |
| 2022 | |||||||||||
| -6.6 | -4.4 | -5.5 | -9.3 | -0.2 | -11.1 | 16.3 | -7.8 | -14.5 | 5.1 | 12.2 | -3.3 |
| 2021 | |||||||||||
| -2.4 | 24.3 | 4.4 | 7.7 | 3 | -2.3 | 12.5 | -0.2 | 2.4 | 5.6 | -8.2 | 13.5 |
EPS
| 2023 | 2022 | 2021 | |
|---|---|---|---|
| Q1 | 0.4 | 1.2 | 0.8 |
| Q2 | 0.6 | 1.5 | 1.3 |
| Q3 | 0.6 | 1.4 | 1.3 |
| Q4 | 0 | 0.3 | 2.1 |
| A | 1.62 | 4.3 | 5.4 |