Loading...
CBRE Group, Inc. reported financial results for the third quarter ended September 30, 2022. GAAP EPS rose 7% to $1.38, while core EPS declined 19% to $1.13. Revenue increased by 10.8% to $7,530 million.
Leasing activity continued to rebound in most global markets with revenue rising 14%.
A constrained capital environment caused global sales revenue to fall 11%.
GWS revenue rose 8%, excluding $325 million of Turner & Townsend revenue.
The development pipeline increased $2.0 billion from second-quarter 2022 to $13.5 billion, a record level.
The press release does not contain specific forward guidance for future periods.
Visualization of income flow from segment revenue to net income