Investing.com - CBRE A reported on Thursday first quarter earnings that beat analysts' forecasts and revenue that topped expectations.
CBRE A announced earnings per share of $0.75 on revenue of $5.89B. Analysts polled by Investing.com anticipated EPS of $0.72 on revenue of $5.4B. That with comparison to EPS of $0.79 on revenue of $5.14B in the same period a year before.CBRE A had reported EPS of $1.32 on revenue of $7.12B in the previous quarter.Analysts are expecting EPS of $0.57 and revenue of $5.31B in the upcoming quarter.
CBRE A shares are down 37% from the beginning of the year and are trading at $38.15 , down-from-52-week-high.They are under-performing the S&P 500 which is down 12.21% year to date.
CBRE A follows other major Services sector earnings this month
CBRE A's report follows an earnings missed by Amazon.com on April 30, who reported EPS of $5.01 on revenue of $75.45B, compared to forecasts EPS of $6.16 on revenue of $73.74B.
Visa A had beat expectations on April 30 with second quarter EPS of $1.39 on revenue of $5.85B, compared to forecast for EPS of $1.34 on revenue of $5.72B.
Stay up-to-date on all of the upcoming earnings reports by visiting Investing.com's earnings calendar