CBRE Group, Inc. Reports Advance In Q1 Income

(RTTNews) - CBRE Group, Inc. (CBRE) released earnings for its first quarter that Increases, from the same period last year

The company's earnings came in at $318 million, or $1.07 per share. This compares with $163 million, or $0.54 per share, last year.

Excluding items, CBRE Group, Inc. reported adjusted earnings of $478 million or $1.61 per share for the period.

The company's revenue for the period rose 18.6% to $10.527 billion from $8.875 billion last year.

CBRE Group, Inc. earnings at a glance (GAAP) :

-Earnings: $318 Mln. vs. $163 Mln. last year. -EPS: $1.07 vs. $0.54 last year. -Revenue: $10.527 Bln vs. $8.875 Bln last year.

-Guidance: Full year EPS guidance: $ 7.60 To $ 7.80