CBRE Group Inc
- CBRE Group Inc. dropped 1.7% to $120.03 despite the property developer reporting higher revenue in the first quarter of 2025.
Revenue edged up to $8.91 billion from $7.93 billion, net income climbed to $163 million from $126 million, and diluted earnings per share rose to 54 cents from 41 cents a year ago.
The company has repurchased nearly $600 million worth of shares since year-end 2024.
In January, the company established two new business segments: building operations and experience, and project management, following strategic acquisitions.
CBRE guided fiscal 2025 core earnings per share to be between $5.80 and $6.10, compared to $5.10 in 2024.
Apr 25, 2025
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