CBRE ended 2024 with what CEO Bob Sulentic
described as its best quarter ever for core earnings and free cash
flow, and the brokerage expects to continue to ride a market recovery
this year.
The world`s largest commercial real estate services firm turned a $487M
profit in the fourth quarter, more than half of its $968M of net income
for the full year. The quarter`s net income was 2.1% higher than a year
earlier, while CBRE`s profit for all of 2024 was 1.8% down from 2023...
RSK:I guess when you hit rock bottom the only way is up. 30% more than nothing still equals nothing if you know what I mean. But at least it is trending up relatively speaking.
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- - Volume: 25 - WEEK: 9 Date: 2/25/2025 11:12:28 AM -