Cushman & Wakefield Reports Financial Results for the First Quarter 2024
Cushman & Wakefield plc Ordinary Shares (CWK)
Last cushman & wakefield plc ordinary shares earnings: 2/27 04:09 pm
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Source: Business Wire
CHICAGO--(BUSINESS WIRE)--Cushman & Wakefield (NYSE: CWK) today reported financial results for the first quarter of 2024.Effective January 1, 2024, the Property, facilities and project management service line was renamed to Services. The change was to the name only and had no impact on the composition of the Company’s service lines or its historical results.First Quarter Results:Revenue of $2.2 billion for the first quarter of 2024 decreased 3% from the first quarter of 2023. Service line fee revenue was flat compared to the first quarter of 2023.Strong Leasing growth of 5% was driven by broad strength across segments, led by EMEA.Valuation and other grew 1%, driven by the Americas and EMEA.Services and Capital markets declined 3% and 1%, respectively.Net loss of $28.8 million for the first quarter of 2024 decreased 62% compared to net loss of $76.4 million for the first quarter of 2023. Diluted loss per share for the first quarter of 2024 was $0.13.Adjusted EBITDA of $78.1 millio
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CWK
Earnings
- 4/29/24 - Beat
CWK
Sec Filings
- 5/14/24 - Form 4
- 5/14/24 - Form 4
- 5/14/24 - Form 4
- CWK's page on the SEC website