Cushman & Wakefield: Staying Neutral Considering Q3 Results And Financial Leverage
I maintain a Hold rating on Cushman & Wakefield stock after analyzing its third quarter financial results and its progress relating to deleveraging. The company's Q3 2024 EPS was boosted by non-operating items such as lower interest expenses. Cushman & Wakefield's normalized EBITDA declined by 5.0% YoY in Q3, which is roughly the same as the company's -4.9% YoY EBITDA decline for Q2.
Cushman & Wakefield plc (CWK) Q3 2024 Earnings Call Transcript
Cushman & Wakefield plc Q3 2024 Earnings Call Transcript November 4, 2024 5:00 PM ET Company Participants Megan McGrath - Head of Investor Relations Michelle MacKay - Chief Executive Officer Neil Johnston - Chief Financial Officer Conference Call Participants Stephen Sheldon - William Blair Ronald Kamdem - Morgan Stanley Anthony Paolone - JPMorgan Michael Griffin - Citi Alex Kramm - UBS Peter Abramowitz - Jefferies Operator Good day and welcome to Cushman & Wakefield's Third Quarter 2024 Earnings Conference Call. All participants will be in listen-only mode.
Compared to Estimates, Cushman & Wakefield (CWK) Q3 Earnings: A Look at Key Metrics
The headline numbers for Cushman & Wakefield (CWK) give insight into how the company performed in the quarter ended September 2024, but it may be worthwhile to compare some of its key metrics to Wall Street estimates and the year-ago actuals.
Cushman & Wakefield (CWK) Tops Q3 Earnings Estimates
Cushman & Wakefield (CWK) came out with quarterly earnings of $0.23 per share, beating the Zacks Consensus Estimate of $0.20 per share. This compares to earnings of $0.21 per share a year ago.
Cushman & Wakefield (CWK) Expected to Beat Earnings Estimates: Should You Buy?
Cushman & Wakefield (CWK) possesses the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.
Cushman & Wakefield (CWK) Soars 6.4%: Is Further Upside Left in the Stock?
Cushman & Wakefield (CWK) was a big mover last session on higher-than-average trading volume. The latest trend in earnings estimate revisions might not help the stock continue moving higher in the near term.
Cushman & Wakefield Is Deserving Of Peer Valuation Discount
Cushman & Wakefield continues to be awarded a Hold rating, as the stock is cheap for good reasons based on a review of its results and prospects. CWK's Q2 2024 top line missed expectations, as its services and capital markets fee revenues decreased by -2% YoY and -14% YoY, respectively. The company's updated full-year guidance was unimpressive, so it is realistic to anticipate modest earnings growth for CWK in 2024.
Cushman & Wakefield plc (CWK) Q2 2024 Earnings Call Transcript
Cushman & Wakefield plc (NYSE:CWK ) Q2 2024 Earnings Conference Call July 29, 2024 5:00 PM ET Corporate Participants Megan McGrath - Head of Investor Relations Michelle MacKay - Chief Executive Officer Neil Johnston - Chief Financial Officer Conference Call Participants Stephen Sheldon - William Blair Ronald Kamdem - Morgan Stanley Anthony Paolone - JPMorgan Michael Griffin - Citi Peter Abramowitz - Jefferies Operator Good day and welcome to Cushman & Wakefield's Second Quarter 2024 Earnings Conference Call. All participants will be in listen-only mode.
Cushman & Wakefield (CWK) Q2 Earnings Surpass Estimates
Cushman & Wakefield (CWK) came out with quarterly earnings of $0.20 per share, beating the Zacks Consensus Estimate of $0.18 per share. This compares to earnings of $0.22 per share a year ago.
Is the Options Market Predicting a Spike in Cushman & Wakefield (CWK) Stock?
Investors need to pay close attention to Cushman & Wakefield (CWK) stock based on the movements in the options market lately.
