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Colliers International Group Beats Q3 Earnings Estimates but Misses Revenue

Associated Press +1 · ·by G4L

CIGI
CIGI Colliers International Group Inc
$92.20 -3.65%
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  1. 1Colliers International Group Inc. reported adjusted earnings per share of $1.97 for the third quarter, adjusting for intangible asset amortization and M&A-related costs.
  2. 2This exceeded the $1.94 earnings per share estimate from four analysts surveyed by Zacks Investment Research.
  3. 3Colliers International Group Inc. recorded revenue of $1.64 billion, falling short of expectations.

So what's the key point?

The money Colliers International Group Inc. earned per share was higher than what experts expected. However, its revenue of $1.64 billion was lower than expected.

Source Associated Press +1 · View original ↗

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