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Jun 30, 2020
CBRE Q2 2020 Earnings Report
CBRE's financial performance was impacted by Covid-19 in Q2 2020, but cushioned by its diverse business mix and early expense reduction moves.
Key Takeaways
CBRE Group, Inc. reported financial results for the second quarter ended June 30, 2020. The company's performance was impacted by Covid-19, but cushioned by its diverse business mix and early expense reduction moves. Double-digit adjusted EBITDA growth in the Global Workplace Solutions segment demonstrated the resiliency of a business.
Covid-19 impacted performance across all business segments.
Diverse business mix and contractual businesses provided a cushion.
Early expense reduction moves and strengthened financial position helped.
Global Workplace Solutions segment showed resilience with double-digit adjusted EBITDA growth.
Revenue by Segment
Forward Guidance
The company will discuss its expectations for the second half of 2020 on its earnings webcast and conference call, which will be held at 8:30 am Eastern Time today (Friday, July 31, 2020).
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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