Cushman & Wakefield Ltd

CWK: XNYS (USA)
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Cushman & Wakefield Earnings: Solid Quarter, but Unchanged Guidance Raises Eyebrows

Cushman & Wakefield reported solid first-quarter results. Revenue increased 9% year over year (local currency) to $2.54 billion, while adjusted earnings per share of $0.15 exceeded the FactSet consensus expectation of $0.13. Shares sold off modestly on the day of the release.

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