CBRE raises 2026 core EPS outlook to $7.60-$7.80 as Q1 GAAP EPS rises 98%
CBRE reported first-quarter 2026 revenue of $10.5 billion, up 19% from $8.9 billion a year earlier, and GAAP diluted EPS of $1.07 versus $0.54. The company raised its 2026 core EPS outlook to $7.60-$7.80 from $7.30-$7.60, which matters to shareholders because it signals higher expected profit for the full year. Quarterly cash flow was negative, with cash used in operations of $825 million.
Key points
- Revenue rose 18.6% to $10,527 million from $8,875 million in Q1 2025.
- GAAP diluted EPS was $1.07 versus $0.54; core EPS was $1.61 versus $0.89.
- 2026 core EPS outlook raised to $7.60-$7.80 from $7.30-$7.60.
- Q1 free cash flow was negative $605 million, including a $301 million gain on disposition of real estate.
The filing
Written by AI on Nov 8, 2026, 1:30 AM ET, from this filing only. Written later: this filing was briefed after the fact, when past filings were added to the site, so the brief may be read with hindsight; the filing itself is the record of what was known on April 23, 2026.
Briefs are written by AI from the filing text and can contain mistakes — open the filing before acting on anything. Impact (1-5) and tone are the AI's reading of the filing for shareholders, not a price forecast. Not investment advice.