Cushman & Wakefield plc

Cushman & Wakefield Plc engages in the provision of commercial real estate services It operates through the following geographical segments: Americas; Europe, Middle East and Africa (EMEA); and Asia Pacific (APAC). The Americas segment consists of operations located in the United States, Canada and key markets in Latin America. The EMEA segment includes operations in the UK, France, Netherlands and other markets in Europe and the Middle East. The APAC segment comprises of operations in Australia, Singapore, China and other markets in the Asia Pacific region. The company was founded in 1917 is headquartered in London, the United Kingdom.

Earnings data Q1 2021

Earnings data Q2 2021

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Earnings data Q1 2022

Earnings data Q2 2022

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Earnings data Q4 2022

Earnings data Q1 2023

Earnings data Q2 2023

Earnings data Q3 2023

Earnings data Q4 2023

Earnings data Q1 2024

Earnings data Q2 2024

Earnings data Q3 2024

Earnings data Q4 2024

Cushman & Wakefield reports robust 2022 results amidst market challenges

Cushman & Wakefield delivered strong financial performance in 2022 despite market challenges.
The company is strategically positioned to capitalize on growth opportunities in key sectors.
Anticipating a challenging environment in Leasing but optimistic about industrial leasing and recurring revenue.
Analysts and investors are closely monitoring cost-saving initiatives, leverage targets, and long-term market trends.

Cushman & Wakefield plc faces Q1 challenges, focuses on cost savings

Cushman & Wakefield plc reported a challenging Q1 with declines in revenue and adjusted EBITDA. The company aims to achieve significant cost savings and maintain stability in its core business segments amidst a tough operating environment.

Cushman & Wakefield plc addresses revenue declines with cost-cutting measures

Cushman & Wakefield plc navigated revenue declines by focusing on cost-cutting measures and generating positive free cash flow. Management expressed confidence in the company's foundation and growth strategy, highlighting opportunities for sustainable improvements and growth.

Cushman & Wakefield plc (CWK) reports resilient Q3 performance

Cushman & Wakefield plc (CWK) delivered a robust performance in Q3, showcasing operational efficiency and financial resilience amidst revenue challenges.
The company's strategic focus on core strengthening, flexibility creation, and debt reduction underscores a commitment to sustainable growth and client-centric solutions.
While facing revenue declines and industry uncertainties, CWK's proactive approach to cost management and growth investments positions it well for future opportunities and market recovery.

Cushman & Wakefield plc reports solid Q4 performance and growth outlook

Cushman & Wakefield plc's Q4 2023 earnings call highlighted solid financial performance, a focus on financial stability, and positive segment trends.
While challenges like cost pressures exist, the company's strengths in financial discipline and operational resilience position it well for future growth opportunities.
Opportunities lie in leveraging its financial strength for strategic investments and driving revenue growth through operational efficiency and market opportunities.

Cushman & Wakefield reports strong Q1 results amid market challenges

Cushman & Wakefield's Q1 2024 performance showed strength in leasing but challenges in capital markets and services. The company's focus on cost efficiency and growth opportunities is key to navigating the current environment.

Cushman & Wakefield plc surpasses Q2 targets, eyes strategic growth

Cushman & Wakefield plc delivered a solid performance in Q2 2024, exceeding targets in key financial metrics. Despite challenges in flat services revenue, the company's focus on growth and capital allocation strategy bode well for future opportunities. Analyst questions highlighted concerns and opportunities in leasing, capital markets, and revenue growth.

Cushman & Wakefield reports strong Q3 earnings, eyes strategic growth

CWK delivered solid financial performance with revenue growth across key segments and improved EPS.
While facing challenges in EBITDA decline and regional market dynamics, the company remains strategically positioned for growth.
Opportunities lie in capitalizing on positive market fundamentals, enhancing margins, and exploring strategic acquisitions.

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Cushman & Wakefield Plc engages in the provision of commercial real estate services. It operates through the following geographical segments: Americas, Europe, Middle East and Africa (EMEA), and Asia Pacific (APAC). The Americas segment consists of operations located in the United States, Canada and key markets in Latin America. The EMEA segment includes operations in the UK, France, Netherlands and other markets in Europe and the Middle East. The APAC segment comprises of operations in Australia, Singapore, China and other markets in the Asia Pacific region. The company was founded in 1917 is headquartered in London, the United Kingdom.

I maintain a Hold rating on Cushman & Wakefield stock after analyzing its third quarter financial results and its progress relating to deleveraging. The company's Q3 2024 EPS was boosted by non-operating items such as lower interest expenses. Cushman & Wakefield's normalized EBITDA declined by 5.0% YoY in Q3, which is roughly the same as the company's -4.9% YoY EBITDA decline for Q2.

Cushman & Wakefield: Staying Neutral Considering Q3 Results And Financial Leverage

Cushman & Wakefield plc Q3 2024 Earnings Call Transcript November 4, 2024 5:00 PM ET Company Participants Megan McGrath - Head of Investor Relations Michelle MacKay - Chief Executive Officer Neil Johnston - Chief Financial Officer Conference Call Participants Stephen Sheldon - William Blair Ronald Kamdem - Morgan Stanley Anthony Paolone - JPMorgan Michael Griffin - Citi Alex Kramm - UBS Peter Abramowitz - Jefferies Operator Good day and welcome to Cushman & Wakefield's Third Quarter 2024 Earnings Conference Call. All participants will be in listen-only mode.

Cushman & Wakefield plc (CWK) Q3 2024 Earnings Call Transcript

The headline numbers for Cushman & Wakefield (CWK) give insight into how the company performed in the quarter ended September 2024, but it may be worthwhile to compare some of its key metrics to Wall Street estimates and the year-ago actuals.

Compared to Estimates, Cushman & Wakefield (CWK) Q3 Earnings: A Look at Key Metrics

Cushman & Wakefield (CWK) came out with quarterly earnings of $0.23 per share, beating the Zacks Consensus Estimate of $0.20 per share. This compares to earnings of $0.21 per share a year ago.

Cushman & Wakefield (CWK) Tops Q3 Earnings Estimates

CHICAGO--(BUSINESS WIRE)-- #cre--Cushman & Wakefield (NYSE: CWK) today reported financial results for the third quarter of 2024. “This quarter marked an important turning point. We reported the highest quarter of global Leasing revenue growth and the first quarter of Americas Capital markets revenue growth since the second quarter of 2022. We also continued to generate strong free cash flow which facilitated the recent full repayment of our term loan due in 2025 well ahead of schedule,” said Miche.

Cushman & Wakefield Reports Financial Results for the Third Quarter 2024

Cushman & Wakefield (CWK) possesses the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.

Cushman & Wakefield (CWK) Expected to Beat Earnings Estimates: Should You Buy?

Cushman & Wakefield (CWK) was a big mover last session on higher-than-average trading volume. The latest trend in earnings estimate revisions might not help the stock continue moving higher in the near term.

Cushman & Wakefield (CWK) Soars 6.4%: Is Further Upside Left in the Stock?

CHICAGO--(BUSINESS WIRE)-- #cre--Cushman & Wakefield (NYSE: CWK) announced that it has successfully completed a repricing of approximately $1.0 billion of its Term Loan issued in April 2024 due 2030 (“Term Loan”). The repricing reduces the applicable interest rate on the Term Loan by 50 basis points from Term SOFR plus 3.75% to Term SOFR plus 3.25%. There are no changes to the maturity of the Term Loan following this repricing and all other terms are substantially unchanged. Additionally, on Octob.

Cushman & Wakefield Successfully Reprices 2030 Term Loan; Completes Prepayment to Fully Extinguish 2025 Term Loan

CHICAGO--(BUSINESS WIRE)-- #cre--Cushman & Wakefield (NYSE: CWK) will release its third quarter 2024 financial results after the close of trading at 4:05 p.m. ET on Monday, November 4, 2024. Management will host a conference call following the release at 5:00 p.m. ET on Monday, November 4, 2024, to discuss the financial results. The conference call can be accessed as follows: Dial in to 1-844-825-9789 (domestic) or 1-412-317-5180 (international), or click here (link will be activated 15 minutes pr.

Cushman & Wakefield to Release Third Quarter 2024 Earnings on November 4

CHICAGO--(BUSINESS WIRE)-- #CRE--Cushman & Wakefield (NYSE: CWK), a leading global real estate services firm, has released its latest research report on data center markets, showing that power and component lead times continue to slow delivery of new supply. The vacancy rate in the Americas has fallen to 3%, with over 80% of deliveries pre-leased in major markets, pushing lease rates higher. Demand for artificial intelligence (AI) and cloud data centers surged in the first half of 2024, in both es.

Data Center Vacancy Falls to 3% in the Americas with 80% of New Construction Pre-Leased

CHICAGO--(BUSINESS WIRE)-- #cre--Cushman & Wakefield (NYSE: CWK), a leading global real estate services firm, today released Reimagining Cities: Disrupting the Urban Doom Loop—an in-depth research report that puts 15 U.S. cities under the microscope to identify the real estate portfolios cities currently have versus what they need, given how much the economy has changed post-pandemic. In doing so, a few key findings emerge. Cities, particularly economically important, walkable urban places near th.

Cushman & Wakefield Releases In-Depth Report Providing Blueprint to Reimagine Cities

Kōz on West 4th breaks ground, providing residents with amenitized community at affordable rents in premier live-work-play neighborhood Kōz on West 4th breaks ground, providing residents with amenitized community at affordable rents in premier live-work-play neighborhood

Cushman & Wakefield and Greystone Arrange and Provide $33 Million in Construction Financing for New 210-Unit Multifamily Project in Downtown Spokane, WA

CHICAGO--(BUSINESS WIRE)-- #cre--Cushman & Wakefield (NYSE: CWK), a leading global real estate services firm, today released its 2023 Sustainability Report. The report demonstrates the firm's global impact and performance across key sustainability areas during 2023, and progress on future targets that will help shape a more sustainable, inclusive future for the firm's people, clients, planet and communities. Cushman & Wakefield views sustainability as a key priority and works to advance sustai.

Cushman & Wakefield Releases 2023 Sustainability Report

Frontier Communications Parent

FREMONT, Calif. & CLEARWATER, Fla.--(BUSINESS WIRE)--TD SYNNEX released its latest Corporate Citizenship Report, marking a milestone in the company's commitment to social responsibility initiatives.

TD SYNNEX Demonstrates Progress on Corporate Citizenship Goals in its Latest Report

NASHVILLE, Tenn.--(BUSINESS WIRE)--HealthTrust Performance Group, a leading healthcare performance improvement organization serving 1,800 hospitals and more than 70,000 non-acute facilities, drew record attendance of members, suppliers and exhibitors at the HealthTrust University Conference (HTU) held August 12-14 in Orlando, Florida. In observing 25 years of serving the unique needs of healthcare providers, HTU 2024 offered participants access to a number of programs, including: three general.

HealthTrust Performance Group Annual Conference Celebrates 25 Years of Serving Members' Performance Needs

CHICAGO--(BUSINESS WIRE)-- #CRE--Cushman & Wakefield (NYSE: CWK), a leading global real estate services firm, was recently recognized as one of America's Greatest Workplaces for Parents and Families 2024 by Newsweek and Plant-A Insights Group, receiving a top score with a five-star rating. “We are honored to be named among America's Greatest Workplaces for Parents and Families. This recognition reflects our commitment to creating a culture of inclusion, flexibility and support for our working pare.

Cushman & Wakefield Named One of America's Greatest Workplaces for Parents and Families

CHICAGO--(BUSINESS WIRE)-- #cre--Cushman & Wakefield today announced the hiring of Miles Treaster as President, Capital Markets, Americas.

Cushman & Wakefield Hires Industry Veteran Miles Treaster as Head of Capital Markets

CHICAGO--(BUSINESS WIRE)-- #CRE--Cushman & Wakefield (NYSE: CWK), a leading global real estate services firm, was recently recognized as one of the World's Most Sustainable Companies of 2024 by TIME. This award is presented by TIME and Statista Inc., the world-leading statistics portal and industry ranking provider. “We are honored to be recognized on TIME's inaugural list of the World's Most Sustainable Companies. Cushman & Wakefield is committed to sustainability and driving change for our b.

Cushman & Wakefield Named One of World's Most Sustainable Companies by TIME

SCOTTSDALE, Ariz.--(BUSINESS WIRE)--Vixxo, a market-leading, tech-enabled facilities maintenance company, today announced it is expanding its platform with the acquisition of Cushman & Wakefield's third-party multi-site vendor managed site maintenance business (CWFS), formerly known as Quality Solutions, Inc. (QSI), based in Wichita, Kansas and its team of approximately 280 employees. This strategic transaction expands Vixxo's presence and capabilities in the facilities maintenance industry.

Vixxo Corporation Completes Acquisition of Third-Party Vendor Managed Site Maintenance Business from Cushman & Wakefield

Cushman & Wakefield continues to be awarded a Hold rating, as the stock is cheap for good reasons based on a review of its results and prospects. CWK's Q2 2024 top line missed expectations, as its services and capital markets fee revenues decreased by -2% YoY and -14% YoY, respectively. The company's updated full-year guidance was unimpressive, so it is realistic to anticipate modest earnings growth for CWK in 2024.

Cushman & Wakefield Is Deserving Of Peer Valuation Discount

Cushman & Wakefield plc (NYSE:CWK ) Q2 2024 Earnings Conference Call July 29, 2024 5:00 PM ET Corporate Participants Megan McGrath - Head of Investor Relations Michelle MacKay - Chief Executive Officer Neil Johnston - Chief Financial Officer Conference Call Participants Stephen Sheldon - William Blair Ronald Kamdem - Morgan Stanley Anthony Paolone - JPMorgan Michael Griffin - Citi Peter Abramowitz - Jefferies Operator Good day and welcome to Cushman & Wakefield's Second Quarter 2024 Earnings Conference Call. All participants will be in listen-only mode.

Cushman & Wakefield plc (CWK) Q2 2024 Earnings Call Transcript

Cushman & Wakefield (CWK) came out with quarterly earnings of $0.20 per share, beating the Zacks Consensus Estimate of $0.18 per share. This compares to earnings of $0.22 per share a year ago.

Cushman & Wakefield (CWK) Q2 Earnings Surpass Estimates

CHICAGO--(BUSINESS WIRE)-- #cre--Cushman & Wakefield (NYSE: CWK) today reported financial results for the second quarter of 2024. “Our solid second quarter results, highlighted by our third consecutive quarter of leasing revenue growth and a meaningful improvement in free cash flow, are evidence of our execution against our strategic priorities,” said Michelle MacKay, Chief Executive Officer of Cushman & Wakefield. “We are confident in our position and energized about the increase in market op.

Cushman & Wakefield Reports Financial Results for the Second Quarter 2024

NEW YORK, July 26, 2024 (GLOBE NEWSWIRE) -- Greystone, a leading national commercial real estate finance company, and Cushman & Wakefield, a leading global real estate services firm, jointly announced they provided acquisition financing for, and arranged the sale of, respectively, a 344-unit two-property multifamily portfolio in Maryland.

Cushman & Wakefield and Greystone Close Sale and Financing of Two Maryland Multifamily Properties

CHICAGO--(BUSINESS WIRE)-- #cre--Cushman & Wakefield (NYSE: CWK) will release its second quarter 2024 financial results after the close of trading at 4:05 p.m. ET on Monday, July 29, 2024. Management will host a conference call following the release at 5:00 p.m. ET on Monday, July 29, 2024, to discuss the financial results. The conference call can be accessed as follows: Dial in to 1-844-825-9789 (domestic) or 1-412-317-5180 (international), or click here (link will be activated 15 minutes prior t.

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