Investing.com - Cushman & Wakefield reported on Thursday third quarter earnings that missed analysts' forecasts and revenue that fell short of expectations.
Cushman & Wakefield announced earnings per share of $0.43 on revenue of $1.78B. Analysts polled by Investing.com anticipated EPS of $0.55 on revenue of $1.79B.
Cushman & Wakefield shares are up 18% from the beginning of the year, still down 54.93% from its 52 week high of $23.54 set on February 25.
Cushman & Wakefield follows other major Real Estate sector earnings this month
Cushman & Wakefield's report follows an earnings beat by Prologis on October 19, who reported EPS of $1.36 on revenue of $1.75B, compared to forecasts EPS of $1.34 on revenue of $1.2B.
American Tower had beat expectations on October 27 with third quarter EPS of $1.8 on revenue of $2.67B, compared to forecast for EPS of $1.13 on revenue of $2.65B.
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