secwatch.observer — SEC 8-K summary
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Issuer:     CBRE GROUP, INC. (CBRE)
CIK:        0001138118
Form:       8-K
Filed at:   2022-10-27T23:59:59+00:00
Accession:  0001138118-22-000031
Event type: earnings
Sentiment:  negative
Materiality: 0.75
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

CBRE Q3 GAAP EPS $1.38 (+7% YoY); Core EPS $1.13 (-19%) on capital markets slowdown
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- Revenue $7.53B (+10.8%); net income $447M (+2.5%); Core EBITDA $606M (-17.3%).
- Advisory Services segment operating profit $424M (-18.8%); leasing revenue +14%, sales revenue -11%.
- GWS segment operating profit $219M (+17.1%); REI segment operating profit $59M (-59.5%).
- Repurchased 5.1M shares for $408M in Q3; $2.6B remaining under buyback program.
- Made $100M investment in Proptech firm VTS; net leverage ratio 0.21x.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1138118/000113811822000031/0001138118-22-000031-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1138118/000113811822000031/cbre-20221027.htm
  HTML page:      https://secwatch.observer/filing/0001138118-22-000031

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