CBRE raises 2026 core EPS outlook to $7.80-$7.90 as Q2 revenue rises 16%
CBRE reported second-quarter 2026 revenue of $11.2 billion, up 16%, and core EPS of $1.56, up 30% from $1.20 a year earlier. GAAP EPS fell to $0.69 from $0.72, reflecting a $168 million non-cash charge tied to an increased reserve for fire-safety remediation in its U.K. development business. The company raised its 2026 core EPS outlook to $7.80-$7.90 from $7.60-$7.80.
Key points
- Q2 2026 revenue rose 16% to $11.2 billion; GAAP net income attributable to CBRE fell to $204 million from $215 million
- Core EPS rose 30% to $1.56; GAAP EPS was $0.69 versus $0.72, with the $168 million U.K. fire-safety reserve reducing GAAP net income
- 2026 core EPS outlook raised to $7.80-$7.90 from $7.60-$7.80
- Year-to-date stock repurchases totaled nearly $1.0 billion; net leverage ratio was 1.60x as of June 30, 2026
The filing
Written by AI (Anthropic Claude, claude-haiku-5-5) on Nov 8, 2026, 1:30 AM ET, from the text of the filing and its press-release exhibits 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 July 29, 2026.
Briefs are written by AI from the filing text (each brief's own page names the model) and can contain mistakes — open the filing before acting on anything. Impact (1-5) and tone are the model's reading of the filing for shareholders, not a price forecast. Not investment advice.