Colliers Intl Gr Q3 2023 Adj EPS $1.19 Misses $2.33 Estimate, Sales $1.06B Miss $1.51B Estimate
Portfolio Pulse from saritha@benzinga.com
Colliers Intl Gr reported Q3 2023 earnings of $1.19 per share, missing the analyst consensus estimate of $2.33 by 48.93%. This is a 15.6% decrease from the same period last year. The company also reported quarterly sales of $1.06 billion, missing the analyst consensus estimate of $1.51 billion by 30.07%. This is a 4.69% decrease from the same period last year.
November 02, 2023 | 11:08 am
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NEGATIVE IMPACT
Colliers Intl Gr's Q3 2023 earnings and sales missed estimates, with a significant decrease from the same period last year. This could negatively impact the company's stock price in the short term.
Colliers Intl Gr's earnings and sales for Q3 2023 significantly missed analyst estimates and decreased from the same period last year. This underperformance could lead to a decrease in the company's stock price in the short term as it indicates potential operational and financial challenges.
CONFIDENCE 90
IMPORTANCE 100
RELEVANCE 100