Investing.com - CBRE A reported on Tuesday fourth quarter earnings that beat analysts' forecasts and revenue that topped expectations.
CBRE A announced earnings per share of $1.45 on revenue of $6.91B. Analysts polled by Investing.com anticipated EPS of $0.9389 on revenue of $6.33B.
CBRE A shares are up 19% from the beginning of the year and are trading at $75.25 , down-from-52-week-high.They are outperforming the S&P 500 which is up 3.21% from the start of the year.
CBRE A follows other major Services sector earnings this month
CBRE A's report follows an earnings beat by Amazon.com on February 2, who reported EPS of $14.09 on revenue of $125.56B, compared to forecasts EPS of $7.2 on revenue of $119.72B.
Alibaba ADR had beat expectations on February 2 with third quarter EPS of $22.03 on revenue of $221.08B, compared to forecast for EPS of $20.59 on revenue of $214.17B.
Stay up-to-date on all of the upcoming earnings reports by visiting Investing.com's earnings calendar