Colliers Intl Gr Q3 Adj EPS $1.19 Misses $1.70 Estimate, Sales $1.06B Miss $1.10B Estimate
Portfolio Pulse from mahesh@benzinga.com
Colliers Intl Gr (NASDAQ:CIGI) reported Q3 earnings of $1.19 per share, missing the analyst consensus estimate of $1.70 by 30 percent. This is a 15.6 percent decrease from the same period last year. The company also reported quarterly sales of $1.06 billion, missing the analyst consensus estimate of $1.10 billion by 4.00 percent, a 4.72 percent decrease from the same period last year.
November 02, 2023 | 11:09 am
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Colliers Intl Gr's Q3 earnings and sales missed estimates, indicating a potential negative impact on its stock price.
Colliers Intl Gr's Q3 earnings and sales missed analyst estimates, which is typically a negative signal to investors and could lead to a decrease in the company's stock price in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100