Colliers International Group (TSE:CIGI)
TSX:CIGI
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Earnings Data
Report Date
Aug 05, 2026Before Open (Confirmed)
Period Ending
2026 (Q2)Consensus EPS Forecast
2.45Last Year’s EPS
2.38Same Quarter Last Year
Moderate Buy
Based on 6 Analysts Ratings
Earnings Call Summary
Earnings Call Sentiment|Positive
The call presented a broad set of positive operational and financial developments: double-digit revenue growth (12%), strong transaction momentum in Commercial Real Estate (capital markets +43%, transactions ~25%), Engineering growth and a robust backlog, and clear fundraising traction (just under $1B in Q1 with a $6B–$9B target). Management reinforced a constructive full-year outlook and strengthened liquidity with new financing. Offsetting items are largely temporary or execution-related: higher-than-expected European tax drag, margin pressure in Engineering from short-term utilization dips, IM margin compression from integration costs, slower outsourcing growth, and regional softness in EMEA/APAC. Overall, the favorable top-line performance, balance sheet actions, strategic M&A (Ayesa) and fundraising momentum outweigh the transitory challenges.Company Guidance
Consolidated Revenue and Earnings Growth
Consolidated revenues up 12% (net revenues $1.15B). Adjusted EBITDA $125M, up 8%. Adjusted EPS $0.91, up 5% (tempered by a higher-than-expected European tax rate). Management maintained full-year outlook for mid-teens revenue, EBITDA and EPS growth.
Commercial Real Estate Transaction Momentum
CRE net revenue up 13%; transaction services (capital markets + leasing) grew ~25% overall. Capital markets revenue increased 43% and leasing revenue rose 9%, driven by market share gains across the U.S. and parts of Europe and strength in data center land and office/industrial sales. CRE segment net margin 6.3%, up 20 bps year-over-year.
Engineering Revenue Growth and Backlog Strength
Engineering segment net revenue up 13% (mix of acquisitions and organic growth). Backlog described as robust with strong demand in infrastructure, transportation, water and environmental end markets. Acquisition of Ayesa expected to expand geographic reach and capabilities.
Investment Management AUM and Fundraising Momentum
Assets under management increased 9% year-over-year to almost $1.9B. Investment Management net revenues increased 8%. The IM segment raised just under $1B in new capital commitments in Q1 and management is targeting $6B–$9B of fundraising for 2026, with momentum from new strategies and continued closes.
Balance Sheet and Liquidity Actions
Expanded financial flexibility via $400M long-term debt financing and an extension of the revolving credit facility. Total credit availability of $1.5B and reported leverage at 2.3x as of March 31. Management expects to fund Ayesa from available credit and to reduce leverage meaningfully in Q3/Q4 after a temporary pro forma increase.
Leadership Strengthening and M&A Pipeline
Leadership changes to capture engineering growth (Elias Mulamoottil named CEO of Engineering; Christian Mayer CEO of CRE). Ayesa acquisition expected to close soon; active acquisition pipeline with focus on strategic tuck-ins to expand capabilities.
Technology and AI Investment
Increased IT spending (OpEx and CapEx) to enable AI, improve producer productivity and efficiency. Announced a partnership with Google to leverage cloud, engineering talent and data capabilities.
Resilient Earnings Mix and Sector Tailwinds
More than 70% of earnings come from resilient businesses (Engineering, Project Management, Investment Management, Property Management, Mortgage Servicing). Harrison Street strategies focused on infrastructure and demographic-driven real assets (data centers, senior housing, student housing, medical office) supporting durable growth prospects.
TSE:CIGI Earnings History
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
TSE:CIGI Earnings-Related Price Changes
Report Date | Price 1 Day Before | Price 1 Day After | Percentage Change |
|---|---|---|---|
May 05, 2026 | C$139.99 | C$132.14 | -5.61% |
Feb 13, 2026 | C$160.62 | C$155.13 | -3.42% |
Nov 10, 2025 | C$212.69 | C$212.29 | -0.19% |
Aug 06, 2025 | C$215.63 | C$215.08 | -0.26% |
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 Colliers International Group (TSE:CIGI) report earnings?
Colliers International Group (TSE:CIGI) is schdueled to report earning on Aug 05, 2026, Before Open (Confirmed).
What is Colliers International Group (TSE:CIGI) earnings time?
Colliers International Group (TSE:CIGI) earnings time is at Aug 05, 2026, Before Open (Confirmed).
Where can I see when companies are reporting earnings?
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What companies are reporting earnings today?
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What is TSE:CIGI EPS forecast?
TSE:CIGI EPS forecast for the fiscal quarter 2026 (Q2) is 2.45.