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CBRE Group Inc (CBRE)
NYSE:CBRE
US Market

CBRE Group (CBRE) Earnings Dates, Call Summary & Reports

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Earnings Data

Report Date
Apr 23, 2026
Before Open (Confirmed)
Period Ending
2026 (Q1)
Consensus EPS Forecast
1.13
Last Year’s EPS
0.86
Same Quarter Last Year
Based on 8 Analysts Ratings

Earnings Call Summary

Q4 2025
Earnings Call Date:Feb 12, 2026|
% Change Since:
|
Earnings Call Sentiment|Positive
The call emphasized broad-based double-digit growth across both resilient and transactional businesses, record quarterly revenue and earnings, strong free cash flow and disciplined capital allocation (acquisition plus buybacks). Management provided optimistic guidance for 2026 (core EPS up ~17% at midpoint) and highlighted strategic growth areas (data center solutions, local facilities management, Industrious expansion and AI-driven data advantages). Reported lowlights were mostly one-time charges ($279M), timing uncertainty around data center land monetizations and short-term margin/cash-flow headwinds from working capital and compensation, plus execution constraints (talent) and AI-related risks. Overall, the positive operational and financial momentum materially outweighs the listed challenges, which management characterized as manageable or transitory.
Company Guidance
CBRE guided 2026 core EPS of $7.30–$7.60 (midpoint ≈ 17% growth) and said Q1 should represent roughly 15% of full‑year core EPS, with continued double‑digit revenue growth in resilient businesses and “greater‑than‑through‑cycle” growth in transactional businesses; segment SOP guidance was low‑teens for Advisory, mid‑teens for BOE (BOE margins expected to be flat in 2026) and low‑teens for Project Management (with margin expansion expected). Management highlighted data center momentum—data center solutions revenue is expected to reach $2.0B in 2026 and to grow ~20% y/y, data center/digital infrastructure made up ~14% of 2025 core EBITDA—and noted that timing of land/site monetizations (power access) is the primary upside driver to the EPS range. FY‑2025 metrics underpinning the outlook include nearly $1.7B of free cash flow (86% conversion of core net income, vs. a 75–85% target), net leverage ~1.2x, AUM $155B (up >$9B) after raising >$11B, embedded development gains of ~$900M, ~ $1.2B for the Pearce acquisition and >$1B of share repurchases YTD (nearly $400M since Q3); management expects 2026 cash conversion to be in the 75–85% range but flagged working‑capital timing and higher cash compensation as headwinds.
Record Quarterly Revenue and EPS Growth
Fourth quarter revenue increased 12% year-over-year and core EPS rose 18% (both reaching all-time highs for CBRE). Core EBITDA grew 19% for the quarter.
Strong Advisory Leasing Performance
Global leasing revenue grew 14% with EMEA Continental Europe up 29% and the U.K. up 16%. U.S. leasing revenue increased 12%, including data center leasing which more than doubled and industrial leasing up 20%.
Robust Capital Markets and Mortgage Origination Momentum
Capital Markets (sales and mortgage origination) grew at high-teens rates. U.S. sales revenue rose 27%. Mortgage origination fees grew over 20%, supported by a 23% increase in loan volume.
Data Center and Digital Infrastructure Growth
Data Center Solutions revenue grew >20% in 2025, is growing at ~20% per year, and is expected to reach $2.0 billion in revenue in 2026. Data center and digital infrastructure work accounted for ~14% of core EBITDA in 2025.
Resilient Services and BOE Performance
Resilient businesses delivered double-digit revenue growth. Building Operations & Experience (BOE) segment operating profit grew 20%, outpacing revenue growth, and local facilities management expanded meaningfully (Americas local revenue grew from $330M in 2021 to $800M in 2025).
Project Management Integration Progress
Project Management delivered solid revenue growth and the integration of Turner & Townsend with legacy CBRE project management is largely operating as a combined global business; segment delivered healthy operating leverage for the full year.
Investment Management Fundraising and AUM Increase
Raised over $11 billion of capital in 2025; Assets under Management ended the year at $155 billion, up more than $9 billion year-over-year.
Strong Free Cash Flow and Capital Allocation
Generated nearly $1.7 billion of free cash flow in 2025, an 86% conversion on core net income (above the 75%–85% target range). Net leverage ended the year at 1.2x. Since Q3 end, allocated >$1.5 billion of capital (including ~$1.2 billion acquisition of Pearce Services and nearly $400 million of share repurchases).
2026 Financial Guidance
Company expects core EPS of $7.30 to $7.60 for 2026, implying ~17% growth at the midpoint, driven by continued double-digit growth in resilient businesses and recovery in transactional businesses.
Operational Wins and Product Investments
Progress on AI and data initiatives: management expects concrete evidence of extracting and delivering proprietary real estate data to professionals by end of 2026 and anticipates ~25% savings in research costs from AI-driven efficiencies. Also expanding Industrious to >300 locations and building Americas infrastructure capabilities.

CBRE Group (CBRE) Earnings, Revenues Date & History

The upcoming earnings date is based on a company’s previous reporting, and may be updated when the actual date is announced

CBRE Earnings History

Report Date
Fiscal Quarter
Forecast / EPS
Last Year's EPS
EPS YoY Change
Press Release
Slides
Play Transcript
Apr 23, 2026
2026 (Q1)
1.13 / -
0.86
Feb 12, 2026
2025 (Q4)
2.68 / 2.73
2.3217.67% (+0.41)
Oct 23, 2025
2025 (Q3)
1.46 / 1.61
1.234.17% (+0.41)
Jul 29, 2025
2025 (Q2)
1.07 / 1.19
0.8146.91% (+0.38)
Apr 24, 2025
2025 (Q1)
0.76 / 0.86
0.7810.26% (+0.08)
Feb 13, 2025
2024 (Q4)
2.23 / 2.32
1.3868.12% (+0.94)
Oct 24, 2024
2024 (Q3)
1.06 / 1.20
0.7266.67% (+0.48)
Jul 25, 2024
2024 (Q2)
0.71 / 0.81
0.82-1.22% (>-0.01)
May 03, 2024
2024 (Q1)
0.69 / 0.78
0.92-15.22% (-0.14)
Feb 15, 2024
2023 (Q4)
1.18 / 1.38
1.333.76% (+0.05)
The table shows recent earnings report dates and whether the forecast was beat or missed. See the change in forecast and EPS from the previous year.
Beat
Missed

CBRE Earnings-Related Price Changes

Report Date
Price 1 Day Before
Price 1 Day After
Percentage Change
Feb 12, 2026
$149.49$136.28-8.84%
Oct 23, 2025
$163.77$164.20+0.26%
Jul 29, 2025
$146.56$158.05+7.84%
Apr 24, 2025
$122.05$122.88+0.68%
Earnings announcements can affect a stock’s price. This table shows the stock's price the day before and the day after recent earnings reports, including the percentage change.

FAQ

When does CBRE Group Inc (CBRE) report earnings?
CBRE Group Inc (CBRE) is schdueled to report earning on Apr 23, 2026, Before Open (Confirmed).
    What is CBRE Group Inc (CBRE) earnings time?
    CBRE Group Inc (CBRE) earnings time is at Apr 23, 2026, Before Open (Confirmed).
      Where can I see when companies are reporting earnings?
      You can see which companies are reporting today on our designated earnings calendar.
        What companies are reporting earnings today?
        You can see a list of the companies which are reporting today on TipRanks earnings calendar.
          What is CBRE EPS forecast?
          CBRE EPS forecast for the fiscal quarter 2026 (Q1) is 1.13.