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Europe could see a record level of new data centres this year, according to research released on Wednesday by CBRE Group, as companies expand their artificial intelligence and cloud computing activities.
While the top- and bottom-line numbers for CBRE (CBRE) give a sense of how the business performed in the quarter ended December 2024, it could be worth looking at how some of its key metrics compare to Wall Street estimates and year-ago values.
Commercial real estate services specialist CBRE Group (CBRE -2.38%) reported fourth-quarter and full-year 2024 earnings on Thursday, Feb. 13, that topped analysts' consensus expectations. Adjusted earnings per share (EPS) of $2.32 surpassed the expected $2.23 and jumped an impressive 68% from Q4 2023.
CBRE Group (CBRE) came out with quarterly earnings of $2.32 per share, beating the Zacks Consensus Estimate of $2.21 per share. This compares to earnings of $1.38 per share a year ago.
LOS ANGELES--(BUSINESS WIRE)--EVPassport, a leader in enterprise EV charging solutions, and CBRE, the world's largest commercial real estate services and investment firm, today announced an agreement to provide EV charging solutions, with a focus on multifamily and hospitality properties in North America. Under the agreement, CBRE will support the deployment of over 3,600 EV chargers across more than 600 strategic sites in the United States. This collaboration will enable property owners and op.
DALLAS--(BUSINESS WIRE)--CBRE Group, Inc. (NYSE:CBRE) today reported financial results for the fourth quarter and year ended December 31, 2024. Key Highlights: Q4 GAAP EPS of $1.58; Core EPS of $2.32 and 2024 GAAP EPS of $3.14; Core EPS of $5.10 Revenue up 16% for Q4 and 12% for 2024; net revenue up 18% for Q4 and 14% for 2024 Resilient Business (1) net revenue increased 16% for Q4 and 14% for 2024 $1.7 billion net cash flow from operations and $1.5 billion free cash flow for all of 2024 Repurc.
A focus on resilient business and diversification across property types, lines of business, geographic markets and clients is likely to aid CBRE's Q4 results.
Beyond analysts' top -and-bottom-line estimates for CBRE (CBRE), evaluate projections for some of its key metrics to gain a better insight into how the business might have performed for the quarter ended December 2024.
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CBRE (CBRE) possesses the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.