{"schema_version":"secwatch.filing_event.v1","accession":"0001138118-23-000013","form_type":"8-K","ticker":"CBRE","cik":"0001138118","company_name":"CBRE GROUP, INC.","filed_at":"2023-04-27T23:59:59+00:00","discovered_at":"2026-05-14T18:03:38.039743+00:00","generated_at":"2026-06-16T08:13:44.498526+00:00","sec_items":["2.02","9.01"],"event_type":"earnings","sentiment":"negative","materiality_score":0.85,"calibrated_materiality_score":0.85,"confidence":"high","headline":"CBRE Q1 earnings tumble: GAAP EPS $0.37 (-68%), Core EPS $0.92 (-34%)","bullets":["GAAP net income fell 70% to $117M; GAAP EPS $0.37 vs $1.16 a year ago.","Core EPS $0.92, down 34% from $1.39; Core EBITDA $533M, down 27%.","Advisory Services segment operating profit down 42%; capital markets sales revenue down 41%.","GWS segment revenue up 11%, operating profit up 13%; company keeps FY2023 core EPS outlook for low-to-mid double-digit decline.","Free cash outflow $805M; repurchased 1.4M shares for $114M; net leverage 0.56x."],"urls":{"canonical":"https://secwatch.observer/filing/0001138118-23-000013","json":"https://secwatch.observer/filing/0001138118-23-000013.json","markdown":"https://secwatch.observer/filing/0001138118-23-000013.md","text":"https://secwatch.observer/filing/0001138118-23-000013.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1138118/000113811823000013/0001138118-23-000013-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1138118/000113811823000013/cbre-20230427.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-06-16T08:13:44.498526+00:00"},"review":{"review_status":"machine_generated","human_reviewed":false,"corrected":false,"correction_note":null,"correction_timestamp":null,"superseded_by":null,"related_filings":[]},"source_grounded_claims":[{"claim_id":"f0011bb19f476016915e387d4f97d27348e75189","claim":"CBRE GROUP, INC. reported the first quarter ended March 31, 2023 results: revenue $7,411, net income $117, EPS $0.37. Guidance reaffirmed.","evidence_excerpt":"highlights of CBRE performance (dollars in millions, except per share data; totals may not add due to rounding): % Change Q1 2023 Q1 2022 USD LC (1) Operating Results Revenue $ 7,411 $ 7,333 1.1 % 4.4 % Net revenue (2) 4,181 4,376 (4.5) % (1.2) % GAAP net income 117 392 (70.2) % (68.6) % GAAP EPS 0.37 1.16 (68.1) % (66.4) % Core adjusted net income (3) 290 469","evidence_source":"SEC 8-K Item 2.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/1138118/000113811823000013/0001138118-23-000013-index.htm","confidence":0.95,"family_label":"Earnings Releases","details":[{"label":"Period","value":"the first quarter ended March 31, 2023"},{"label":"Revenue","value":"$7,411"},{"label":"Net income","value":"$117"},{"label":"EPS","value":"$0.37"},{"label":"Guidance","value":"reaffirmed"},{"label":"Result","value":"reported results"}],"fact_type":"earnings_release"}],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}