secwatch.observer — SEC 8-K summary
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Issuer:     Cushman & Wakefield Ltd. (CWK)
CIK:        0001628369
Form:       8-K
Filed at:   2025-04-29T23:59:59+00:00
Accession:  0001628369-25-000019
Event type: earnings
Sentiment:  positive
Materiality: 0.70
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Cushman & Wakefield Q1 net income $1.9M vs loss $28.8M; adjusted EBITDA +23%
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- Revenue $2.3B (+5% YoY); leasing +8%, capital markets +11% drove growth.
- Net income $1.9M (diluted EPS $0.01) vs net loss $28.8M (diluted loss $0.13) YoY.
- Adjusted EBITDA $96.2M (+23%), margin 6.2% (+103bps); adjusted diluted EPS $0.09.
- Prepaid $25M term loan due 2030; liquidity $1.7B as of March 31.
- Services organic revenue +3% (4% local currency), two quarters ahead of target.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1628369/000162836925000019/0001628369-25-000019-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1628369/000162836925000019/cwk-20250429.htm
  HTML page:      https://secwatch.observer/filing/0001628369-25-000019

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