{"schema_version":"secwatch.filing_event.v1","accession":"0001138118-24-000011","form_type":"8-K","ticker":"CBRE","cik":"0001138118","company_name":"CBRE GROUP, INC.","filed_at":"2024-05-03T23:59:59+00:00","discovered_at":"2026-05-14T18:03:17.427166+00:00","generated_at":"2026-06-02T22:54:32.626808+00:00","sec_items":["2.02","9.01"],"event_type":"earnings","sentiment":"negative","materiality_score":0.75,"calibrated_materiality_score":0.75,"confidence":"high","headline":"CBRE Q1 Core EPS down 15% to $0.78; GAAP EPS up 10% to $0.41; revenue rises 7%","bullets":["GAAP EPS $0.41 vs $0.37 (+10%); Core EPS $0.78 vs $0.92 (-15%); Core EBITDA $424M (-20.3%).","Revenue $7.94B (+7.1%); net revenue $4.44B (+6.3%); free cash outflow improved to -$560M from -$805M.","Global leasing +4%; capital markets sales -11%; mortgage origination +34%; GWS net revenue +10% but margin fell.","REI segment operating profit -74% on prior-year development gain; corporate non-core loss $71M on Altus Power.","Acquired J&J Worldwide Services for $820M; issued $500M senior notes (5.5%, 2029); no share repurchases in Q1."],"urls":{"canonical":"https://secwatch.observer/filing/0001138118-24-000011","json":"https://secwatch.observer/filing/0001138118-24-000011.json","markdown":"https://secwatch.observer/filing/0001138118-24-000011.md","text":"https://secwatch.observer/filing/0001138118-24-000011.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1138118/000113811824000011/0001138118-24-000011-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1138118/000113811824000011/cbre-20240503.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-06-02T22:54:32.626808+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":"6cb31a78e30be243c9d4f73eb5d5a81cc6698f50","claim":"CBRE GROUP, INC. reported first quarter ended March 31, 2024 results: revenue $7,935, net income 126, EPS 0.41. Guidance reaffirmed.","evidence_excerpt":"The following table presents highlights of CBRE performance (dollars in millions, except per share data; totals may not add due to rounding): % Change Q1 2024 Q1 2023 USD LC (1) Operating Results Revenue $ 7,935 $ 7,411 7.1 % 6.9 % Net revenue (2) 4,444 4,181 6.3 % 6.1 % GAAP net income 126 117 8.0 % 10.3 % GAAP EPS 0.41 0.37 10.4 % 12.8 %","evidence_source":"SEC 8-K Item 2.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/1138118/000113811824000011/0001138118-24-000011-index.htm","confidence":0.9,"family_label":"Earnings Releases","details":[{"label":"Period","value":"first quarter ended March 31, 2024"},{"label":"Revenue","value":"$7,935"},{"label":"Net income","value":"126"},{"label":"EPS","value":"0.41"},{"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"}