CBRE Group Inc. Fourth Quarter Earnings Sneak Peek

S&P 500 (NYSE:SPY) component CBRE Group, Inc. (NYSE:CBG) will unveil its latest earnings on Tuesday, February 7, 2012. CB Richard Ellis Group is a commercial real estate services firm which serves the occupiers, owners, lenders, and investors of multi-family and other commercial real estate.

CBRE Group, Inc. Earnings Preview Cheat Sheet

Wall St. Earnings Expectations: The average estimate of analysts is for net income of 44 cents per share, a rise of 22.2% from the company’s actual earnings for the same quarter a year ago. The average estimate is the same as three months ago. Between one and three months ago, the average estimate was unchanged. It also has not changed during the last month. Analysts are projecting profit to rise by 34.7% versus last year to $1.01.

Past Earnings Performance: Last quarter, the company saw profit of 24 cents per share versus a mean estimate of net income of 24 cents per share. This comes after two consecutive quarters of exceeding expectations.

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Wall St. Revenue Expectations: On average, analysts predict $1.86 billion in revenue this quarter, a rise of 12.7% from the year ago quarter. Analysts are forecasting total revenue of $6.02 billion for the year, a rise of 17.6% from last year’s revenue of $5.12 billion.

Analyst Ratings: Analysts are bullish on this stock with five analysts rating it as a buy, none rating it as a sell and none rating it as a hold.

A Look Back: In the third quarter, profit rose 11.9% to $63.8 million (20 cents a share) from $57 million (18 cents a share) the year earlier, meeting analyst expectations. Revenue rose 21.2% to $1.53 billion from $1.27 billion.

Key Stats:

The company has enjoyed double-digit year-over-year percentage revenue growth for the past four quarters. Over that span, the company has averaged growth of 21.4%, with the biggest boost coming in the fourth quarter of the last fiscal year when revenue rose 27.4% from the year earlier quarter.

Stock Price Performance: During January 3, 2012 to February 1, 2012, the stock price had risen $2.97 (18.5%) from $16.03 to $19. The stock price saw one of its best stretches over the last year between December 28, 2011 and January 5, 2012 when shares rose for six-straight days, rising 10% (+$1.47) over that span. It saw one of its worst periods between September 15, 2011 and September 22, 2011 when shares fell for six-straight days, falling 16.3% (-$2.49) over that span.

(Company fundamentals by Xignite Financials. Earnings estimates provided by Zacks)

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To contact the reporter on this story: Derek Hoffman at staff.writers@wallstcheatsheet.com

To contact the editor responsible for this story: Damien Hoffman at editors@wallstcheatsheet.com