WASHINGTON (dpa-AFX) - CBRE Group, Inc. (CBRE) revealed earnings for its third quarter that Increased from last year and beat the Street estimates.
The company's earnings came in at $363 million, or $1.21 per share. This compares with $225 million, or $0.73 per share, last year.
Excluding items, CBRE Group, Inc. reported adjusted earnings of $484 million or $1.61 per share for the period.
Analysts on average had expected the company to earn $1.46 per share. Analysts' estimates typically exclude special items.
The company's revenue for the period rose 13.5% to $10.258 billion from $9.036 billion last year.
CBRE Group, Inc. earnings at a glance (GAAP) :
-Earnings: $363 Mln. vs. $225 Mln. last year. -EPS: $1.21 vs. $0.73 last year. -Revenue: $10.258 Bln vs. $9.036 Bln last year.
-Guidance: Full year EPS guidance: $6.25 - $6.35
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