CBRE Group Inc (NYSE: CBRE) shares are soaring 5.47% in Tuesday's pre-market trading following the release of its impressive second-quarter earnings report and raised full-year guidance. The global commercial real estate services and investment firm demonstrated robust performance across its business segments, surpassing analyst expectations.
For the second quarter of 2025, CBRE reported adjusted earnings per share (EPS) of $1.19, significantly beating the FactSet consensus estimate of $1.07. This represents a 46.91% increase from $0.81 per share in the same period last year. The company's revenue also outperformed expectations, reaching $9.75 billion, up 16.24% year-over-year and exceeding the analyst consensus of $9.46 billion.
Adding to the positive sentiment, CBRE raised its full-year 2025 core EPS guidance to a range of $6.10 to $6.20, up from the previous forecast of $5.80 to $6.10. This new outlook reflects over 20% growth at the midpoint and surpasses the FactSet analyst consensus of $5.97. The company attributes this optimistic projection to continued strong performance despite challenging macroeconomic conditions.
CBRE's strong performance was evident across its business segments. The Advisory Services segment saw revenue climb to $1.996 billion, up 14.4% year-over-year, with notable growth in global leasing, capital markets, and mortgage origination. The Building Operations & Experience segment reported an 18.7% increase in revenue to $5.764 billion, driven by strong growth in facilities management and property management. The company's strategic acquisitions and investments in technology and talent have continued to pay off, broadening its service portfolio and enhancing its competitive position in the market.
As CBRE Group continues to demonstrate resilience and growth in a challenging economic environment, investors are responding positively to the company's strong financial results and optimistic outlook for the remainder of 2025.
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