Colliers International Reports Q3 Non-GAAP EPS Beat Amid Revenue Miss
Colliers International Group Inc. (CIGI) reported third-quarter financial results featuring a Non-GAAP earnings per share of $1.97, surpassing analyst expectations by $0.03. However, the company's revenue reached $1.64 billion, representing a 12.3% year-over-year increase but falling short of estimates by approximately $30 million. Looking ahead, Colliers has provided updated growth guidance for 2025 and 2026. The company is projecting mid-teens growth for revenue, Adjusted EBITDA, and Adjusted EPS through 2026, signaling a more optimistic long-term trajectory compared to its previous low-teens growth forecasts.
Tickers: $CIGI
Topics: earnings beat EPS financial guidance revenue growth revenue miss