secwatch.observer — SEC 8-K summary
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Issuer:     Cushman & Wakefield Ltd. (CWK)
CIK:        0001628369
Form:       8-K
Filed at:   2022-11-03T23:59:59+00:00
Accession:  0001628369-22-000025
Event type: earnings
Sentiment:  negative
Materiality: 0.70
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Cushman & Wakefield Q3 net income down 65% to $23.9M; capital markets fee revenue falls 20%
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- Revenue $2.5B (+8% YoY); service line fee revenue $1.8B (+4% YoY).
- Leasing fee revenue up 13% YoY; capital markets fee revenue declined 20%.
- Adjusted EPS $0.43, down 10% YoY; adjusted EBITDA $201.9M (-8% YoY).
- Net income $23.9M ($0.11 diluted EPS) vs $68.7M ($0.30) in Q3 2021.
- Liquidity $1.5B with $1.1B undrawn revolver and $0.4B cash.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1628369/000162836922000025/0001628369-22-000025-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1628369/000162836922000025/cwk-20221103.htm
  HTML page:      https://secwatch.observer/filing/0001628369-22-000025

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