Cushman & Wakefield Reports Q4 Earnings
London-based real estate services firm Cushman & Wakefield (CWK) reported its fourth-quarter financial results on Thursday.
Key Highlights:
* Net income: $112.9 million
* Earnings per share: $0.48, in line with analysts' estimates
* Revenue: $2.63 billion, slightly below expectations
Annual Results:
For the full year, CWK reported:
* Net income: $131.3 million
* Earnings per share: $0.56
* Revenue: $9.45 billion
The company's fourth-quarter revenue missed analysts' forecasts of $2.65 billion, but its earnings met expectations. Cushman & Wakefield's full-year earnings also aligned with analysts' estimates.