Investing.com - CBRE A reported on Thursday third quarter earnings that missed analysts' forecasts and revenue that fell short of expectations.
CBRE A announced earnings per share of $1.13 on revenue of $7.53. Analysts polled by Investing.com anticipated EPS of $1.27 on revenue of $7.79B.
CBRE A shares are down 4% from the beginning of the year, still down 34.55% from its 52 week high of $111.00 set on January 4.
CBRE A follows other major Real Estate sector earnings this month
CBRE A's report follows an earnings beat by American Tower on Thursday, who reported EPS of $1.8 on revenue of $2.67B, compared to forecasts EPS of $1.13 on revenue of $2.65B.
Prologis had beat expectations on October 19 with third quarter EPS of $1.36 on revenue of $1.75B, compared to forecast for EPS of $1.34 on revenue of $1.2B.
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