{"schema_version":"secwatch.filing_event.v1","accession":"0001628369-24-000008","form_type":"8-K","ticker":"CWK","cik":"0001628369","company_name":"Cushman & Wakefield Ltd.","filed_at":"2024-04-29T23:59:59+00:00","discovered_at":"2026-05-14T18:03:19.317024+00:00","generated_at":"2026-06-03T05:34:51.409391+00:00","sec_items":["2.02","9.01"],"event_type":"earnings","sentiment":"positive","materiality_score":0.75,"calibrated_materiality_score":0.75,"confidence":"high","headline":"Cushman & Wakefield Q1 net loss narrows 62% to $28.8M; adjusted EBITDA up 28%","bullets":["Revenue $2.18B down 3% YoY; service line fee revenue flat; Leasing +5%, Capital markets -1%.","Net loss $28.8M ($0.13 diluted EPS) vs loss $76.4M ($0.34) in Q1 2023; adjusted EBITDA $78.1M +28%.","Prepaid $50M term loans due 2025; repriced $1B term loans due 2030, saving ~$6M annual interest.","Liquidity $1.7B ($1.1B undrawn revolver + $0.6B cash).","CEO Michelle MacKay cited solid leasing growth, cost discipline, and margin expansion."],"urls":{"canonical":"https://secwatch.observer/filing/0001628369-24-000008","json":"https://secwatch.observer/filing/0001628369-24-000008.json","markdown":"https://secwatch.observer/filing/0001628369-24-000008.md","text":"https://secwatch.observer/filing/0001628369-24-000008.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1628369/000162836924000008/0001628369-24-000008-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1628369/000162836924000008/cwk-20240429.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-06-03T05:34:51.409391+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":"e7d0d29a6c281dd6cd71246b6de412fac6b5956a","claim":"Cushman & Wakefield Ltd. reported first quarter of 2024 results: revenue $2.2 billion, net income Net loss of $28.8 million, EPS Diluted loss per share ... was $0.13.","evidence_excerpt":"to Services. The change was to the name only and had no impact on the composition of the Company’s service lines or its historical results. First Quarter Results: • Revenue of $2.2 billion for the first quarter of 2024 decreased 3% from the first quarter of 2023. Service line fee revenue was flat compared to the first quarter of 2023. ◦ Strong Leasing growth of 5%","evidence_source":"SEC 8-K Item 2.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/1628369/000162836924000008/0001628369-24-000008-index.htm","confidence":0.95,"family_label":"Earnings Releases","details":[{"label":"Period","value":"first quarter of 2024"},{"label":"Revenue","value":"$2.2 billion"},{"label":"Net income","value":"Net loss of $28.8 million"},{"label":"EPS","value":"Diluted loss per share ... was $0.13"},{"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"}