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Sep 30, 2022
Cushman & Wakefield Q3 2022 Earnings Report
Cushman & Wakefield delivered top-line growth, with strong performance in Leasing and Property, facilities and project management.
Key Takeaways
Cushman & Wakefield reported an 8% increase in revenue for Q3 2022 compared to Q3 2021, driven by growth in Leasing and Property, facilities and project management. Net income decreased by 65% due to unrealized losses on fair value investments and higher commissions. Adjusted EBITDA decreased by 8%.
Revenue increased by 8% compared to the third quarter of 2021, reaching $2.5 billion.
Leasing and Property, facilities and project management grew 13% and 10%, respectively.
Net income decreased 65% compared to the third quarter of 2021, totaling $23.9 million.
Adjusted EBITDA decreased 8% from the third quarter of 2021, amounting to $201.9 million.
Revenue by Segment
Revenue by Geographic Location
Forward Guidance
Even in the midst of the current environment, we remain extremely encouraged about the long-term fundamentals in our industry and our ability to drive value for our clients and shareholders.
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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