CBRE · Earnings call · 2026Q3T · Full report

Revenue Guidance and Outlook

CBRE GROUP, INC. · 2026-10-22 · Importance 69 · Surprise 48

CBRE maintained its 2026 core EPS guidance of $7.80 to $7.90, representing 23% growth at the midpoint. Management said it continues to see a path to 15% core EPS growth in 2027, with outsized infrastructure growth offsetting slower real-estate-capital-markets businesses. The company expects Critical Infrastructure Services revenue of $4.5 billion and total infrastructure revenue of $7 billion in 2027. Management expects global Leasing revenue to grow at a low double-digit rate in the fourth quarter and Advisory to grow in 2027, though more moderately than previously expected.

Key facts

• CBRE expects its Investment Management business to be roughly flat in 2027.
• CBRE expects its Advisory business to moderate more than it expected 90 days earlier as capital markets slow, but still to grow in 2027.