CBRE Group Raises FY2024 Adj EPS Guidance from $4.70-4.90 to $4.95-5.05 vs $4.81 Est.
Portfolio Pulse from Benzinga Newsdesk
CBRE Group has raised its FY2024 adjusted EPS guidance from $4.70-4.90 to $4.95-5.05, surpassing the analyst estimate of $4.81.
October 24, 2024 | 10:59 am
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CBRE Group has increased its FY2024 adjusted EPS guidance to $4.95-5.05, which is above the analyst estimate of $4.81. This suggests a positive outlook for the company's financial performance.
The increase in EPS guidance indicates that CBRE Group expects better financial performance than previously anticipated. This is likely to boost investor confidence and positively impact the stock price in the short term.
CONFIDENCE 95
IMPORTANCE 90
RELEVANCE 100