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Coming Soon: CBRE Group Earnings

By Seth Jayson - Updated Apr 10, 2017 at 1:45PM

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Checking expectations

CBRE Group (NYSE: CBG) is expected to report Q1 earnings on April 25. Here's what Wall Street wants to see:

The 10-second takeaway
Comparing the upcoming quarter to the prior-year quarter, average analyst estimates predict CBRE Group's revenues will grow 7.8% and EPS will grow 28.6%.

The average estimate for revenue is $1.46 billion. On the bottom line, the average EPS estimate is $0.18.

Revenue details
Last quarter, CBRE Group reported revenue of $2.01 billion. GAAP reported sales were 14% higher than the prior-year quarter's $1.76 billion.

Source: S&P Capital IQ. Quarterly periods. Dollar amounts in millions. Non-GAAP figures may vary to maintain comparability with estimates.

EPS details
Last quarter, non-GAAP EPS came in at $0.56. GAAP EPS of $0.53 for Q4 were 112% higher than the prior-year quarter's $0.25 per share.

Source: S&P Capital IQ. Quarterly periods. Non-GAAP figures may vary to maintain comparability with estimates.

Recent performance
For the preceding quarter, gross margin was 43.6%, 30 basis points worse than the prior-year quarter. Operating margin was 11.6%, 130 basis points better than the prior-year quarter. Net margin was 8.6%, 410 basis points better than the prior-year quarter.

Looking ahead

The full year's average estimate for revenue is $7.11 billion. The average EPS estimate is $1.42.

Investor sentiment

Of Wall Street recommendations tracked by S&P Capital IQ, the average opinion on CBRE Group is outperform, with an average price target of $22.00.

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Stocks Mentioned

CBRE Group, Inc. Stock Quote
CBRE Group, Inc.
CBRE
$84.05 (2.59%) $2.12

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