secwatch.observer — SEC 8-K summary
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Issuer:     CBRE GROUP, INC. (CBRE)
CIK:        0001138118
Form:       8-K
Filed at:   2024-10-24T23:59:59+00:00
Accession:  0001138118-24-000027
Event type: earnings
Sentiment:  positive
Materiality: 0.80
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Q3 Core EPS $1.20 +67% YoY; revenue $9.04B +15%; full-year guidance raised to $4.95-$5.05
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- GAAP EPS $0.73 +20% YoY; Core EPS $1.20 +67% YoY, second-highest Q3 core EPS in history.
- Revenue $9.04B +15%, net revenue $5.32B +20%; free cash flow $494M +61%.
- Global leasing revenue +19%, U.S. leasing +24%; property sales +14% first growth in 8 quarters.
- Full-year Core EPS guidance raised to $4.95-$5.05 from $4.70-$4.90.
- Net leverage 1.26x; $1.4B remaining stock buyback capacity; AUM $148.3B.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1138118/000113811824000027/0001138118-24-000027-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1138118/000113811824000027/cbre-20241024.htm
  HTML page:      https://secwatch.observer/filing/0001138118-24-000027

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer