CBRE Q3 2026: core EPS $2.05 up 28.1% on $11.41 billion revenue
CBRE beat the bar again: core EPS of $2.05 topped the $2.0078 consensus, growing 28.1% on revenue of $11.41 billion. Read the quarter as a mix story — critical infrastructure and property sales did the heavy lifting while leasing and project management crawled. No numeric guidance was issued, so the segment detail is the only forward-looking evidence on offer.
1 · Expected vs. Actual
Free preview belowGAAP EPS rose 25.6% to $1.52 and core EPS rose 28.1% to $2.05, clearing the $2.0078 consensus by roughly 2.1%. Core adjusted net income of $599 million exceeded GAAP net income of $443 million, a $156 million gap. The $0.53 per-share difference is mostly $76 million of deal integration costs, $35 million of business and finance transformation spend and $56 million of acquisition-related amortization.
Revenue was $11.41 billion, up 11.6% from $10.22 billion a year earlier; the release rounds that to $11.5 billion and 13%, while the segment build we chart sums to $11.41 billion. Growth was uneven: Building Operations & Experience rose 17.4% to $6.86 billion and Advisory 11.0% to $2.44 billion, but Project Management managed only 2.9% to $2.04 billion and Real Estate Investments fell 3.8% to $203 million. Critical infrastructure revenue alone jumped 80%, carried by data-center work and the Pearce Services acquisition.
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Figures on this page come from the company's original SEC filings. The analysis is generated automatically and checked against validation rules, but may still contain errors or omissions. Not investment advice. · Generated 2026-10-23
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