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Mar 31, 2022
CBRE Q1 2022 Earnings Report
CBRE's financial performance for Q1 2022 was marked by substantial growth in net income, EPS, and revenue across all segments, driven by a diversified business strategy and strategic investments.
Key Takeaways
CBRE Group, Inc. reported a strong start to 2022, with significant increases in net income, EPS, and revenue. The company's diversified business strategy and strategic investments, including the acquisition of Turner & Townsend, contributed to the positive results. Share repurchases totaled $627 million year-to-date, reflecting a commitment to returning cash to shareholders.
Net income increased by 47% and GAAP EPS rose by 48% to $1.16.
Core adjusted net income increased by 71% and Core EPS rose by 72% to $1.39.
Revenue increased by 23.5% to $7.33 billion.
Turner & Townsend continues to perform ahead of expectations contributing nearly $41 million to GWS segment operating profit.
Revenue by Segment
Forward Guidance
This document does not contain explicit forward guidance. It contains forward-looking statements regarding the company’s future growth momentum, operations, business outlook, capital deployment and financial performance, including consolidated earnings.
Revenue & Expenses
Visualization of income flow from segment revenue to net income
Historical Earnings Impact
Analyze how earnings announcements historically affect stock price performance
Avg. Return Before/After Earnings
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