•
Dec 31, 2023
CBRE Q4 2023 Earnings Report
CBRE Group, Inc. reported financial results for the fourth quarter and year ended December 31, 2023.
Key Takeaways
CBRE Group, Inc. reported a strong Q4 2023 with operating profit growth across all three business segments. Q4 GAAP EPS rose to $1.55 and Core EPS rose to $1.38. Revenue increased by 9.2% to $8.95 billion.
Q4 GAAP EPS rose to $1.55.
Q4 Core EPS rose to $1.38.
Q4 Revenue increased 9.2% year-over-year to $8.95 billion.
CBRE expects to achieve core earnings-per-share of $4.25 to $4.65 for 2024.
CBRE
CBRE
CBRE Revenue by Segment
Forward Guidance
CBRE expects to achieve core earnings-per-share of $4.25 to $4.65 for 2024, implying mid-teens percentage growth at the midpoint of the range.
Revenue & Expenses
Visualization of income flow from segment revenue to net income