The earnings call for Cushman & Wakefield highlighted strong revenue growth, leverage reduction, and positive performance in leasing and capital markets. However, there were challenges in the EMEA region, particularly in leasing and services revenue. Overall, the sentiment is skewed towards positive due to significant growth and strategic achievements.

Company Guidance -

Q2 2025

During Cushman & Wakefield's first quarter 2025 earnings call, the company reported strong financial performance with several key metrics highlighted. Revenue across all service lines increased, achieving mid-single-digit organic growth in their services business, two quarters ahead of target. The company improved its adjusted EBITDA margin by 100 basis points year-over-year and reduced leverage by paying down an additional $25 million in debt, totaling $230 million since the CEO, Michelle MacKay, assumed her role. Fee revenue reached $1.5 billion, marking a 4% increase with organic fee revenue growing by 6%. Adjusted EBITDA rose 24% to $96 million, and adjusted EPS increased to $0.09 from breakeven last year. The company's net leverage stands at 3.9x EBITDA, and they reported having $1.7 billion in liquidity with no funded debt maturities until 2028. Cushman & Wakefield also achieved an 11% growth in capital markets, with the Americas capital markets growing by 4% and leasing business expanding by 9%. The company maintains its guidance for the full year, expecting mid-single-digit growth in leasing, capital markets, and services.

Revenue and Growth Metrics

Fee revenue reached $1.5 billion, an increase of 4%, with organic fee revenue growing 6%. Adjusted EBITDA rose 24% to $96 million, with a 100 basis points year-over-year margin improvement.

Leverage Reduction

Cushman & Wakefield reduced leverage by paying down an additional $25 million in debt. Since the CEO took over, the company has repaid $230 million in debt and successfully refinanced and repriced its debt five times.

Leasing and Capital Markets Performance

Leasing business grew by 9%, with Americas leasing increasing by 14%. Capital markets grew 11% globally, driven by strong performance in the APAC region (59% growth) and EMEA (17% growth).

Service Line Achievements

Organic services fee revenue grew by 6% in the Americas, driven by strength in facilities management and facility services. The APAC services business demonstrated resiliency, with new sizable contracts coming online.

Cushman & Wakefield (CWK) 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

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CWK Earnings History

Report Date	Fiscal Quarter	Forecast / EPS	Last Year's EPS	EPS YoY Change	Slides	Play Transcript
Aug 05, 2025	2025 (Q2)	0.22 / -	0.085	―	―	―
Apr 29, 2025	2025 (Q1)	0.02 / 0.06	0	―
Feb 20, 2025	2024 (Q4)	0.48 / 0.49	0.45	8.67% (+0.04)
Nov 04, 2024	2024 (Q3)	0.21 / 0.23	0.21	9.52% (+0.02)
Jul 29, 2024	2024 (Q2)	0.19 / 0.09	0.22	-61.36% (-0.14)
Apr 29, 2024	2024 (Q1)	-0.01 / 0.00	-0.04	―
Feb 20, 2024	2023 (Q4)	0.40 / 0.45	0.46	-2.17% (-0.01)
Oct 30, 2023	2023 (Q3)	0.21 / 0.21	0.207	1.45% (<+0.01)
Jul 31, 2023	2023 (Q2)	0.17 / 0.22	0.63	-65.08% (-0.41)
May 04, 2023	2023 (Q1)	0.22 / -0.04	0.48	-108.33% (-0.52)

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

CWK Earnings-Related Price Changes

Report Date	Price 1 Day Before	Price 1 Day After	Percentage Change
Apr 29, 2025	$9.01	$9.41	+4.44%
Feb 20, 2025	$13.02	$12.24	-5.99%
Nov 04, 2024	$13.14	$15.17	+15.45%
Jul 29, 2024	$13.31	$12.83	-3.61%

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 Cushman & Wakefield (CWK) report earnings?

Cushman & Wakefield (CWK) is schdueled to report earning on Aug 05, 2025, After Close (Confirmed).

What is Cushman & Wakefield (CWK) earnings time?

Cushman & Wakefield (CWK) earnings time is at Aug 05, 2025, After Close (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 CWK EPS forecast?

CWK EPS forecast for the fiscal quarter 2025 (Q2) is 0.22.

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