WASHINGTON (dpa-AFX) - CBRE Group, Inc. (CBG) reported fourth-quarter net income to company of $204.28 million or $0.61 per share, compared to $114.65 million or $0.34 per share, prior year. Adjusted earnings per share was $0.68 , for the quarter.
On average, six analysts polled by Thomson Reuters expected the company to report profit per share of $0.70 for the quarter. Analysts' estimates typically exclude special items.
Revenue increased to $2.79 billion from $2.23 billion last year. Analysts expected revenue of $2.64 billion for the quarter.
For 2015, CBRE expects earnings-per-share, as adjusted, in the range of $1.90 to $1.95. Analysts expect the company to report 2015 earnings per share of $1.93.
Copyright RTT News/dpa-AFX
© 2015 AFX News
