secwatch.observer — SEC 8-K summary
======================================

Issuer:     Cushman & Wakefield Ltd. (CWK)
CIK:        0001628369
Form:       8-K
Filed at:   2023-02-23T23:59:59+00:00
Accession:  0001628369-23-000003
Event type: earnings
Sentiment:  negative
Materiality: 0.75
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Cushman & Wakefield Q4 revenue down 8%, adjusted EBITDA down 37% YoY
--------------------------------------------------------------------

- Q4 2022 revenue $2.6B (-8% YoY); service line fee revenue $1.9B (-17% YoY).
- Q4 net income $29.8M ($0.13 diluted EPS); adjusted EPS $0.46 vs $0.94 prior year.
- Full year 2022 revenue $10.1B (+8% YoY); adjusted EBITDA $898.8M (+1% YoY).
- Full year adjusted EPS $2.00 vs $2.04 in 2021; net income $196.4M ($0.86 diluted EPS).
- Extended $1.0B of term loan facility to Jan 2030; liquidity $1.7B as of Dec 31, 2022.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1628369/000162836923000003/0001628369-23-000003-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1628369/000162836923000003/cwk-20230223.htm
  HTML page:      https://secwatch.observer/filing/0001628369-23-000003

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