CBRE Group Reports Strong Q3 Earnings Growth
CBRE Group reported strong Q3 earnings, showcasing significant revenue and EPS growth across all segments, particularly in data centers, which saw a 40% increase. Core EPS grew by 34%, prompting an upward revision of the full-year EPS outlook to $6.25-$6.35. Advisory Services and Project Management also performed well, with revenue increases of 16% and 19%, respectively. Despite currency headwinds affecting AUM growth, the company remains optimistic about future performance, especially in key markets like Japan and India, indicating robust financial health and strategic positioning.
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