earnings
confidence high
sentiment positive
materiality 0.75
CBRE Q2 Core EPS up 30% to $1.56; revenue rises 16% to $11.2B; raises FY2026 guidance
CBRE GROUP, INC.
- GAAP EPS $0.69 (down 4.2% YoY due to $168M fire-safety reserve); Core EPS $1.56, up 30%.
- Revenue $11.2B (+16% YoY); Advisory leasing +24%, property sales +20%; BOE revenue +15%.
- 2026 Core EPS guidance raised to $7.80-$7.90 from $7.60-$7.80, implying 23% growth at midpoint.
- Trailing 12-month free cash flow nearly $1.7B; year-to-date share repurchases ~$1.0B.
- Net leverage ratio 1.60x; total liquidity $4.4B.