
CBRE Group, Inc. reported its financial results for the third quarter of 2024, highlighting a 20% increase in GAAP earnings per share (EPS) to $0.73 and a 67% rise in core EPS to $1.20. The company has raised its full-year core EPS outlook to between $4.95 and $5.05, up from a previous range of $4.70 to $4.90. Revenue for the quarter reached $9.04 billion, surpassing estimates of $8.78 billion. The firm also reported an 18% year-over-year increase in profit, totaling $225 million, driven by strong demand for high-quality office space. CBRE's global office leasing revenue surged by 26%, setting a third-quarter record, primarily due to robust activity in the Americas and Europe as companies seek to attract employees back to the office.
I don't work for the big green machine, but I like this; CBRE's global office leasing revenue increased 26%, reaching a third-quarter record for the brokerage, led by the Americas and Europe and demand for high-quality office space CFO Emma Giamartino said on the call. https://t.co/a58XcWkS8h
.@CBRE's global office leasing revenue increased 26%, reaching a third-quarter record for the brokerage, led by the Americas and Europe and demand for high-quality office space as employers seek to lure workers back to the office. https://t.co/OzB4lBuxog
‘Enthusiasm’ At CBRE As Earnings Reflect Broader Market Rebound https://t.co/Df2FOgZ54j


