Cushman & Wakefield plc (CWK) Tops Q4 EPS by 5c

Cushman & Wakefield plc (NYSE: CWK) reported Q4 EPS of $0.78, $0.05 better than the analyst estimate of $0.73. Revenue for the quarter came in at $2.6 billion versus the consensus estimate of $1.88 billion.

2020 Outlook

The Company provides guidance on a non-GAAP basis, as it cannot predict some elements that are included in reported GAAP results, including the impact of foreign exchange. Refer to the Use of Non-GAAP Financial Measures section for a more detailed discussion of non-GAAP financial measures in more detail. The Company expects full year 2020 Adjusted EBITDA to be in the range of $810.0 million to $860.0 millionii, reflecting strong market fundamentals.

For earnings history and earnings-related data on Cushman & Wakefield plc (CWK) click here.

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