secwatch.observer — SEC 8-K summary
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Issuer:     Cushman & Wakefield Ltd. (CWK)
CIK:        0001628369
Form:       8-K
Filed at:   2024-07-29T23:59:59+00:00
Accession:  0001628369-24-000013
Event type: earnings
Sentiment:  neutral
Materiality: 0.65
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Cushman & Wakefield Q2 2024: revenue $2.3B (-5% YoY), net income $13.5M, leasing grows 2%
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- Revenue $2.3B, down 5% YoY; leasing up 2% driven by Americas and APAC.
- Net income $13.5M vs $5.1M in Q2 2023; adjusted diluted EPS $0.20.
- Adjusted EBITDA $138.9M, down 5% YoY; margin 8.8%.
- Free cash flow improved >$130M YTD; liquidity $1.7B at quarter end.
- Sold a non-core business for strategic focus; repriced $1B term loans, reducing rate by 35 bps.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1628369/000162836924000013/0001628369-24-000013-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1628369/000162836924000013/cwk-20240729.htm
  HTML page:      https://secwatch.observer/filing/0001628369-24-000013

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