Compared to Estimates, CBRE (CBRE) Q1 Earnings: A Look at Key Metrics

By Zacks Equity Research | April 24, 2025, 9:30 AM

For the quarter ended March 2025, CBRE Group (CBRE) reported revenue of $8.91 billion, up 12.3% over the same period last year. EPS came in at $0.86, compared to $0.78 in the year-ago quarter.

The reported revenue represents no surprise over the Zacks Consensus Estimate of $8.91 billion. With the consensus EPS estimate being $0.81, the EPS surprise was +6.17%.

While investors closely watch year-over-year changes in headline numbers -- revenue and earnings -- and how they compare to Wall Street expectations to determine their next course of action, some key metrics always provide a better insight into a company's underlying performance.

As these metrics influence top- and bottom-line performance, comparing them to the year-ago numbers and what analysts estimated helps investors project a stock's price performance more accurately.

Here is how CBRE performed in the just reported quarter in terms of the metrics most widely monitored and projected by Wall Street analysts:

  • Revenue- Pass through costs also recognized as revenue: $3.80 billion versus $3.83 billion estimated by four analysts on average. Compared to the year-ago quarter, this number represents a +8.8% change.
  • Net revenue: $5.11 billion versus $5.02 billion estimated by four analysts on average. Compared to the year-ago quarter, this number represents a +15% change.
  • Net revenue- Advisory Services: $1.68 billion versus the three-analyst average estimate of $2.10 billion. The reported number represents a year-over-year change of -10.5%.
  • Revenue- Pass through costs also recognized as revenue- Advisory Services: $12 million versus the three-analyst average estimate of $25.64 million. The reported number represents a year-over-year change of -50%.
  • Revenue- Corporate, Other and Eliminations: -$4 million versus the three-analyst average estimate of -$6.07 million. The reported number represents a year-over-year change of -33.3%.
  • Total revenue- Real Estate Investments: $233 million compared to the $249.71 million average estimate based on three analysts. The reported number represents a change of +2.2% year over year.
  • Total revenue- Advisory Services: $1.69 billion versus the three-analyst average estimate of $2.12 billion. The reported number represents a year-over-year change of -11%.
  • Total segment operating profit (loss)- Advisory Services: $301 million compared to the $298 million average estimate based on three analysts.
  • Total segment operating profit (loss)- Real Estate Investments: $25 million compared to the $45.58 million average estimate based on three analysts.
  • Total segment operating profit (loss)- Corporate, Other and Eliminations: -$116 million compared to the -$104.65 million average estimate based on two analysts.
View all Key Company Metrics for CBRE here>>>

Shares of CBRE have returned -8% over the past month versus the Zacks S&P 500 composite's -5.1% change. The stock currently has a Zacks Rank #3 (Hold), indicating that it could perform in line with the broader market in the near term.

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This article originally published on Zacks Investment Research (zacks.com).

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