Reports Q4 revenue $1.502B, consensus $1.44B. “In the fourth quarter, Colliers delivered robust revenue growth and strengthened momentum across all business segments. Engineering revenues recorded the highest percentage increase driven by recent acquisitions in Canada, the US and Australia. Real Estate Services performed strongly in both Capital Markets and Leasing, while Investment Management experienced modest growth compared to the previous year,” said Jay S. Hennick, Chairman & CEO of Colliers.
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
Read More on CIGI:
- Is CIGI a Buy, Before Earnings?
- Colliers International price target lowered to $170 from $172 at Scotiabank
- Colliers International price target raised to $175 from $160 at Raymond James
- Colliers International initiated with a Neutral at JPMorgan
- Colliers Expands Credit Facility to Fuel Global Growth