---
schema_version: "secwatch.filing_event.v1"
accession: "0001138118-24-000021"
form_type: "8-K"
ticker: "CBRE"
cik: "0001138118"
company_name: "CBRE GROUP, INC."
filed_at: "2024-07-25T23:59:59+00:00"
generated_at: "2026-05-31T16:11:14.522454+00:00"
event_type: "earnings"
sentiment: "positive"
materiality_score: 0.8
calibrated_materiality_score: 0.8
confidence: "high"
source: SEC EDGAR
---

# CBRE Q2 revenue up 9% to $8.4B; raises Core EPS guidance to $4.70-$4.90

## Summary
- GAAP EPS $0.42 down 34% YoY; Core EPS $0.81 down 2%.
- Free cash flow $220M vs -$86M a year ago; free cash flow conversion nearly 90%.
- Advisory leasing up 9% (13% US); capital markets sales down 3%, stabilizing.
- Acquired Direct Line Global for ~$291M; to combine project mgmt with Turner & Townsend in 2025.
- Full-year Core EPS outlook raised to $4.70-$4.90 from $4.25-$4.65.

## SEC filing metadata
- accession: 0001138118-24-000021
- form_type: 8-K
- ticker: CBRE
- cik: 0001138118
- company_name: CBRE GROUP, INC.
- filed_at: 2024-07-25T23:59:59+00:00
- event_type: earnings
- sentiment: positive
- materiality_score: 0.8
- calibrated_materiality_score: 0.8
- confidence: high
- sec_items: 2.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1138118/000113811824000021/0001138118-24-000021-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1138118/000113811824000021/cbre-20240725.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001138118-24-000021
- JSON: https://secwatch.observer/filing/0001138118-24-000021.json
- Plain text: https://secwatch.observer/filing/0001138118-24-000021.txt

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.