CBRE: Q3 Earnings Snapshot

DALLAS (AP) — DALLAS (AP) — CBRE Group Inc. (CBRE) on Thursday reported third-quarter earnings of $443 million.

On a per-share basis, the Dallas-based company said it had net income of $1.52. Earnings, adjusted for costs related to mergers and acquisitions and amortization costs, were $2.05 per share.

The results beat Wall Street expectations. The average estimate of four analysts surveyed by Zacks Investment Research was for earnings of $1.97 per share.

The provider of real estate investment management services posted revenue of $11.52 billion in the period, missing Street forecasts. Three analysts surveyed by Zacks expected $11.77 billion.

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This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on CBRE at https://www.zacks.com/ap/CBRE