CBRE Group Inc Class A
CBRE: XNYS (USA)
| Morningstar Rating for Stocks | Fair Value | Economic Moat | Capital Allocation |
|---|---|---|---|
| ff% | LOCK|yYk# | LOCK|!%V$Kfv |
CBRE Earnings: Strong Quarter Highlights AI Buildout as a Near-Term Tailwind; Shares Fairly Valued
CBRE reported strong second-quarter results with revenue and adjusted earnings per share rising 16% and 30%, respectively, from a year ago. This surpassed expectations, prompting a raised full-year adjusted earnings per share guidance at the midpoint to $7.85 from $7.70, sending shares upward.
