Investing.com - CBRE A reported on Thursday third quarter earnings that beat analysts' forecasts and revenue that topped expectations.
CBRE A announced earnings per share of $1.39 on revenue of $6.8B. Analysts polled by Investing.com anticipated EPS of $1.16 on revenue of $6.64B.
CBRE A shares are up 49% from the beginning of the year and are trading at $104.10 , down-from-52-week-high.They are outperforming the STOXX 600 which is up 18.74% from the start of the year.
CBRE A shares gained 0.56% in intra-day trade the report.
CBRE A follows other major Services sector earnings this month
CBRE A's report follows an earnings beat by Visa A on Tuesday, who reported EPS of $1.62 on revenue of $6.56B, compared to forecasts EPS of $1.55 on revenue of $6.52B.
Netflix had beat expectations on October 19 with third quarter EPS of $3.19 on revenue of $7.48B, compared to forecast for EPS of $2.57 on revenue of $7.48B.
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