CIGI Stock Recent News
CIGI LATEST HEADLINES
CIGI's recent fourth quarter top line and bottom line exceeded the sell side's expectations by +1.9% and +3.5%, respectively. The company sees its revenue and earnings expanding by +7.5% and +15.0% (mid-point of guidance), respectively in the current year which indicates that a turnaround is in sight. I think that Colliers International's shares are undervalued and deserving of a Buy rating based on a comparison of its EV/EBIT multiple and its expected EBIT growth.
Colliers International Group Inc. (CIGI) Q4 2023 Earnings Call Transcript
Colliers International (CIGI) came out with quarterly earnings of $2 per share, beating the Zacks Consensus Estimate of $1.92 per share. This compares to earnings of $2.31 per share a year ago.
Colliers International (CIGI) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.
TORONTO, Jan. 11, 2024 (GLOBE NEWSWIRE) -- Colliers International Group Inc. (TSX & NASDAQ: CIGI) (“Colliers” or the “Company”) today announced that results for the fourth quarter and full year ended December 31, 2023 will be issued by press release on February 8, 2024 at approximately 7:00am ET.
I read a recent Seeking Alpha article about Cenovus (NYSE: CVE ), easily one of Canada's best energy producers. The author's focus on CVE's buyback propensity had me thinking about other Canadian stocks making big share repurchases in 2023.
Colliers International Group Inc. (NASDAQ:CIGI ) Q3 2023 Earnings Conference Call November 2, 2023 11:00 AM ET Company Participants Jay Hennick - Global Chairman & Chief Executive Officer Chris McLernon - Chief Executive Officer, Real Estate Services Christian Mayer - Chief Financial Officer Conference Call Participants Michael Doumet - Scotiabank Stephen Sheldon - William Blair Stephen MacLeod - BMO Capital Markets Frederic Bastien - Raymond James Jimmy Shan - RBC Capital Markets Andrew Rosivach - Wolfe Research Maxim Sytchev - National Bank Financial Operator Welcome to the Colliers International Third Quarter Investor Conference Call. Today's call is being recorded.
Colliers International (CIGI) came out with quarterly earnings of $1.19 per share, missing the Zacks Consensus Estimate of $1.66 per share. This compares to earnings of $1.41 per share a year ago.
Colliers International (CIGI) possesses the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.
Despite limited credit availability, higher debt costs and a cautious market, Zacks Real Estate Operations industry players, including FSV, CIGI and KW, are in focus due to the growing trend of outsourcing real estate services, increased tech investments and other emerging industry trends.