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.
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.
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Jamie Hodari, CBRE Building Operations & Experience CEO, and Brendan Wallace, Fifth Wall CEO and CIO, joins CNBC's 'The Exchange' to discuss CBRE's acquisition of flex-workplace provider, Industrious.
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CBRE (CBRE) could produce exceptional returns because of its solid growth attributes.