Cushman & Wakefield Reports Continued Growth for Second Quarter 2019
Cushman & Wakefield plc Ordinary Shares (CWK)
Last cushman & wakefield plc ordinary shares earnings: 2/27 04:09 pm
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Source: Business Wire
CHICAGO--(BUSINESS WIRE)--Cushman & Wakefield (NYSE: CWK) today reported financial results for the second quarter ended June 30, 2019:Revenue for the second quarter of 2019 was $2.1 billion, up 7% (10% local currencyi) from second quarter of 2018. Fee revenue was $1.6 billion, up 9% (11% local currency).Net income for the second quarter of 2019 was $6.3 million, an improvement of $39.8 million over second quarter of 2018 with earnings per share of $0.03. Adjusted earnings per share was $0.39.Adjusted EBITDA was $174.5 million, up 3% (4% local currency) from second quarter of 2018. Adjusted EBITDA margin of 11.1% was down 65 bps.“We continued to see good momentum in our business through the first half of the year marked by growth in Fee revenue and Adjusted EBITDA,” said Brett White, Executive Chairman & CEO. “In addition, we are executing our strategy and making significant progress on our financial, operational and growth objectives. We are on track to generate full-year Adjusted
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CWK
Earnings
- 11/4/24 - Beat
CWK
Sec Filings
- 11/14/24 - Form SC
- 11/12/24 - Form SC
- 11/12/24 - Form SC
- CWK's page on the SEC website