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Dec 31, 2020
Cushman & Wakefield Q4 2020 Earnings Report
Cushman & Wakefield reported a revenue decrease due to lower brokerage activity, but mitigated by portfolio diversification and cost management.
Key Takeaways
Cushman & Wakefield reported a decrease in revenue for Q4 2020, primarily due to lower brokerage activity impacted by the COVID-19 pandemic. Net loss and loss per share were reported, but adjusted earnings per share was positive. The company's cost management and portfolio diversification partially offset the challenging demand environment.
Revenue for Q4 2020 was $2.3 billion, a decrease of 13% (14% local currency).
Net loss for Q4 2020 was $27.3 million, with a loss per share of $0.12; adjusted earnings per share was $0.43.
Adjusted EBITDA for Q4 2020 was $198.1 million, down 32% (34% local currency).
Property, facilities and project management fee revenue remained stable.
Revenue by Segment
Revenue by Geographic Location
Forward Guidance
Cushman & Wakefield's strong balance sheet and continued focus on operational excellence positions them to deliver sustainable, long-term shareholder value.
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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