Cushman & Wakefield Q4 2019 Earnings Report
Key Takeaways
Cushman & Wakefield reported a revenue of $2.6 billion for the fourth quarter of 2019, up 9% compared to the same period last year. Net income for the quarter was $3.1 million, and adjusted EBITDA was $293.0 million, up 24% from the fourth quarter of 2018.
Revenue for the fourth quarter of 2019 was $2.6 billion, up 9%.
Net income for the fourth quarter of 2019 was $3.1 million, an improvement of $21.1 million over fourth quarter of 2018 with earnings per share of $0.01.
Adjusted EBITDA for the fourth quarter of 2019 was $293.0 million, up 24%.
Adjusted EBITDA margin of 15.4% was up 195 bps.
Cushman & Wakefield
Cushman & Wakefield
Cushman & Wakefield Revenue by Segment
Forward Guidance
The Company expects full year 2020 Adjusted EBITDA to be in the range of $810.0 million to $860.0 million, reflecting strong market fundamentals.
Revenue & Expenses
Visualization of income flow from segment revenue to net income