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Stock impact report

Cushman & Wakefield Reports Financial Results for the Third Quarter 2024 [Yahoo! Finance]

Cushman & Wakefield plc Ordinary Shares (CWK) 
Last cushman & wakefield plc ordinary shares earnings: 2/27 04:09 pm Check Earnings Report
Company Research Source: Yahoo! Finance
CHICAGO, November 04, 2024 BUSINESS WIRE )--Cushman & Wakefield (NYSE: CWK) today reported financial results for the third quarter of 2024. "This quarter marked an important turning point. We reported the highest quarter of global Leasing revenue growth and the first quarter of Americas Capital markets revenue growth since the second quarter of 2022. We also continued to generate strong free cash flow which facilitated the recent full repayment of our term loan due in 2025 well ahead of schedule," said Michelle MacKay, Chief Executive Officer of Cushman & Wakefield. "The strategic work we have completed over the past year has created meaningful growth opportunities for our business and we are energized to deliver on these priorities in the years ahead." Third Quarter Results: Revenue of $2.3 billion for the third quarter of 2024 increased 3% from the third quarter of 2023. Leasing grew 13% driven by industrial and office leasing in the Americas and APAC. Valuation and other Show less Read more
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