{"schema_version":"secwatch.filing_event.v1","accession":"0001628369-24-000003","form_type":"8-K","ticker":"CWK","cik":"0001628369","company_name":"Cushman & Wakefield Ltd.","filed_at":"2024-02-20T23:59:59+00:00","discovered_at":"2026-05-14T18:03:24.862605+00:00","generated_at":"2026-06-05T23:09:15.583404+00:00","sec_items":["2.02","9.01"],"event_type":"earnings","sentiment":"negative","materiality_score":0.7,"calibrated_materiality_score":0.7,"confidence":"high","headline":"Cushman & Wakefield Q4 revenue $2.6B (-4% YoY); FY net loss $35M, adj. EPS $0.84","bullets":["Q4 service line fee revenue $1.8B (-2% YoY), with leasing +5%, capital markets -31%.","Q4 adjusted diluted EPS $0.45 vs. $0.46 in Q4 2022; net income $69.8M.","FY 2023 revenue $9.5B (-6% YoY), net loss $35.4M, adjusted EBITDA $570M (-37%).","Free cash flow $101M; liquidity $1.9B with $0.8B cash and $1.1B undrawn revolver.","CEO MacKay cites debt refinancings, cost reduction, and focus on long-term growth."],"urls":{"canonical":"https://secwatch.observer/filing/0001628369-24-000003","json":"https://secwatch.observer/filing/0001628369-24-000003.json","markdown":"https://secwatch.observer/filing/0001628369-24-000003.md","text":"https://secwatch.observer/filing/0001628369-24-000003.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1628369/000162836924000003/0001628369-24-000003-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1628369/000162836924000003/cwk-20240220.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-06-05T23:09:15.583404+00:00"},"review":{"review_status":"machine_generated","human_reviewed":false,"corrected":false,"correction_note":null,"correction_timestamp":null,"superseded_by":null,"related_filings":[]},"source_grounded_claims":[{"claim_id":"617683f8f0379d447bc838e84c3523f38b537043","claim":"Cushman & Wakefield Ltd. reported financial results for the fourth quarter and full year of 2023.","evidence_excerpt":"On February 20, 2024, Cushman & Wakefield plc (the \"Company\") issued a press release reporting its financial results for the fourth quarter and full year of 2023.","evidence_source":"SEC 8-K Item 2.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/1628369/000162836924000003/0001628369-24-000003-index.htm","confidence":0.95,"family_label":"Earnings Releases","details":[{"label":"Period","value":"the fourth quarter and full year of 2023"},{"label":"Result","value":"reported results"}],"fact_type":"earnings_release"}],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}