CBRE Stock: Still A Buy On Results Beat And Favorable Guidance


  • CBRE Group, Inc. delivered revenue and earnings beats of +6% and +17%, respectively for Q4 2023.
  • The company expects to reverse from a bottom line contraction of -33% last year to register an earnings expansion of +16% in the current year.
  • I maintain a Buy rating for CBRE Group, taking into account its above-expectations quarterly financial performance and its positive financial prospects.
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Elevator Pitch

I rate CBRE Group, Inc. (NYSE:CBRE) stock as a Buy.

Previously, I touched on CBRE’s latest investment and the company’s financial prospects in my September 27, 2023 update. With this latest article, I review CBRE’s most