Colliers International: Q3 Earnings Snapshot
Colliers International: Q3 Earnings Snapshot
By AP News
Published - Nov 01, 2022, 07:30 AM ET
Last Updated - Jun 23, 2023, 10:45 PM EDT
TORONTO (AP) _ Colliers International Group Inc. (CIGI) on Tuesday reported third-quarter profit of $12 million.
On a per-share basis, the Toronto-based company said it had net income of 27 cents. Earnings, adjusted for non-recurring costs and stock option expense, came to $1.41 per share.
The results missed Wall Street expectations. The average estimate of three analysts surveyed by Zacks Investment Research was for earnings of $1.68 per share.
The commercial real estate services provider posted revenue of $1.11 billion in the period.
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This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a CIGI">Zacks stock report on CIGI at https://www.zacks.com/ap/CIGI
