CBRE Group Inc Class A

CBRE: XNYS (USA)
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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.

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