--- canonical_url: https://www.stockexpertai.com/earnings/cbre last_updated: 2026-05-05T22:03:44.510Z --- # CBRE Group, Inc. (CBRE) Q1 FY2027 Earnings Preview > This content was automatically generated with FMP live data + Q1 FY2026 earnings call transcript. Generated: 2026-05-05T22:03:44.159Z. Educational tool, not investment advice. --- ## Quick Summary | Field | Value | Source | |---|---|---| | Price | $142.57 (▲ 1.80%) | fmp:quote | | Market Cap | $41.7B | fmp:profile | | 52w range | $118.81 – $174.27 | fmp:quote | | Earnings | Tue 4 Aug | fmp:earnings-history | | EPS estimate | $1.49 (+25% YoY) | fmp:earnings-estimate | | Revenue estimate | $10.4B | fmp:earnings-estimate | | Beat streak | 8/4 | fmp:earnings-history | | Rating | B+ (overall 3/5) | fmp:ratings | | Analyst median target | $180 (+25.9% upside) | fmp:price-target-consensus | | MoonshotScore | 40/100 | derived | | Council | 5/6 bullish | derived | | Munger verdict | Undervalued | derived | ## CBRE Group, Inc. — Q1 FY2027 Expectations Q1 consensus: revenue $10.4B^{[FMP est]}, EPS $1.49^{[FMP est]}. 8 consecutive quarters of beat^{[FMP earnings]}. ## Quick Take **Score:** B+ · **Stance:** BUY · **Council:** 5/6 · **Moonshot:** 40 = MoonshotScore 40^{[9-pillar formula]} + Council 5/6^{[6-lens rule]}. Form 4: 0 transactions^{[FMP Form 4]}. ## Watchlist (5 metrics) ### 1. Eps Guidance Increase CBRE is raising its full year core EPS expectations for 2026 to a range of $7.60 to $7.80, driven by strong Q1 performance and momentum in infrastructure services. > "As Bob indicated, we now expect full year core EPS of $7.60 to $7.80, up from $7.30 to $7.60, previously. The increase is driven by our outperformance in the first quarter and early part of the second quarter, momentum in our infrastructure services-related businesses and strong pipelines across our company." > — Emma Giamartino, CFO, Expectation / Guide · Q1 FY2026 ### 2. Infrastructure Services Growth CBRE's dedicated critical infrastructure services business line is expected to grow in excess of 60% this year. > "Revenue in this business line totaled $1.7 billion in 2025 and $580 million in the first quarter and is expected to grow in excess of 60% this year." > — Robert Sulentic, CEO, Investor Focus · Q1 FY2026 ### 3. Transactional Business Growth CBRE's Transactional Businesses achieved their highest growth rate of the current cycle at 22%, reflecting their market leadership in sales, leasing, financing, and real estate development. > "Simultaneously, our Transactional Businesses achieved their highest growth rate of the current cycle at 22%, reflecting our strategy to maintain and extend our market leadership position in sales, leasing, financing, and real estate development." > — Robert Sulentic, CEO, Investor Focus · Q1 FY2026 ### 4. Boe Sop Growth Building Operations & Experience (BOE)'s SOP increased 23%, with operating leverage driven by an amortization cost reclassification. Excluding this change, SOP growth was in line with revenue growth as expected. > "BOE's SOP increased 23%, with operating leverage driven by an amortization cost reclassification. Excluding this change, SOP growth was in line with revenue growth as expected." > — Emma Giamartino, CFO, Investor Focus · Q1 FY2026 ### 5. Advisory Sop Growth Advisory Services delivered strong operating leverage, with SOP growing 35%. > "Advisory SOP grew 35%, delivering strong operating leverage." > — Emma Giamartino, CFO, Investor Focus · Q1 FY2026 ## MoonshotScore Pillars | Pillar | Score | Level | Evidence | |---|---|---|---| | Revenue Growth | 4.0 | medium | Q1 vs Q2: moderate growth (+7.9%) | | Gross Margin | 2.0 | weak | Q1: low margin (17.6%, capital-intensive or commodity) | | Operating Leverage | 0.0 | weak | op margin weak (4.9%, under pressure) | | Cash Runway | 3.0 | weak | FCF negative ($-0.9B, external financing needed) | | R&D Intensity | 3.0 | weak | low R&D investment (0.0%, weak innovation) | | Price Momentum | 7.0 | strong | RSI 47.5 balanced, 50d above | | News Sentiment | 9.0 | strong | strong buy consensus (92%) | **Formula:** sum(pillar.score) / (count * 10) * 100. Each pillar deterministic from FMP. Source maps in pillar.formula. ## Council (7-Lens) | Name | Stance | Context | |---|---|---| | Ray Dalio | bull | macro · target upside +25.9% | | Ken Griffin | bull | flow · 50d MA above | | Jim Simons | neutral | quant · RSI 47 | | Klarman | bull | value · target upside +25.9% | | Buffett | bull | quality · ROE score 5/5 | | Munger | bull | valuation · target upside +25.9% | **Formula:** Each lens uses deterministic rule on bundle data. Logged in member.contextTr. ## Munger Lens - **Verdict:** Undervalued - **Financial Health:** Moderate - **Margin of Safety:** Strong - **Interest Coverage:** Adequate - **ROIC vs WACC:** Healthy **Formula:** verdict=upside>25?Undervalued:>0?Fairly Valued:Overvalued. Each lens deterministic from FMP ratings + priceTarget. ## Technical Levels - **RSI(14):** 47.5 — dengeli — yön sinyali zayıf - **50d MA:** $141 — hisse %1.2 üstünde — kısa vadeli destek - **200d MA:** $154 — hisse %7.6 altında — uzun vadeli baskı - **Volume (10d):** -44% ## Past Performance (4 Quarters) | Quarter | EPS Actual | EPS Estimate | Result | Reaction | |---|---|---|---|---| | Q2 FY25 | $1.19 | $1.07 | BEAT | -0.4% | | Q3 FY25 | $1.61 | $1.46 | BEAT | -0.8% | | Q4 FY25 | $2.73 | $2.68 | BEAT | +4.4% | | Q1 FY26 | $1.61 | $1.13 | +42.5% EPS | -0.7% | Q1 (April 23, 2026): EPS $1.61 vs $1.13 est^[FMP], +42.5% beat. D+1 movement: -0.7%^{[FMP D+1]}. Decline despite beat — market reacted to guidance, not numbers. ## 3 Scenarios ### Scenario A · Beat **Q1 EPS > $1.49 + CapEx discipline** Threshold: EPS > $1.49^{[FMP est]}. Target: Break above median target $180^{[FMP target]}; high target $185^[FMP] upper bound. ### Scenario B · In-Line **EPS ≈ $1.49 + CapEx < $81.0M** Threshold: EPS ≈ $1.49^{[FMP est]}, Q1 CapEx < $81.0M^[FMP]. Target: Consolidation in the band between current $143^[FMP] and median $180^[FMP]. ### Scenario C · Miss **EPS < $1.45 or CapEx ≥ $81.0M** Threshold: EPS < $1.45^{[FMP est×0.97]}. Target: Current $143 below SMA200 $154^[FMP], if rejection continues, $131^[derived] support activates. ## Risk Notes ### Primary segment below threshold Q1: EPS $1.61 vs $1.13 beat^[FMP], stock -0.7% D+1^[FMP]. ### Backlog concentration No RPO/backlog concentration disclosed in Q1 earnings call. ### Insider trading Form 4 data is marked in the table — this page does not generate assumptions for this stock. | Executive | Action | Amount | Date | |---|---|---|---| **Net:** — (0 transactions · 0 sells · 0 buys) · Q1 FY26 ### CapEx shock Q1 CapEx $81.0M^{[FMP cashflow]}. Q1 op margin 4.9%^{[FMP op margin]} — this level in Q1 is sensitive to CapEx revision risk. ## Wall Street Consensus - **Median target:** $180 (+25.9% upside vs current $143) - **High / Low:** $185 / $178 - **Buy / Hold / Sell:** 12 / 1 / 0 - **Analyst count:** 5 (last quarter), 19 all-time ## Additional Transcript Insights ### 1. eps_guidance_increase **Claim:** CBRE is raising its full year core EPS expectations for 2026 to a range of $7.60 to $7.80, driven by strong Q1 performance and momentum in infrastructure services. **Evidence (transcript):** "As Bob indicated, we now expect full year core EPS of $7.60 to $7.80, up from $7.30 to $7.60, previously. The increase is driven by our outperformance in the first quarter and early part of the second quarter, momentum in our infrastructure services-related businesses and strong pipelines across our company." **Numbers:** $7.60, $7.80, $7.30, $7.60 ### 2. infrastructure_services_growth **Claim:** CBRE's dedicated critical infrastructure services business line is expected to grow in excess of 60% this year. **Evidence (transcript):** "Revenue in this business line totaled $1.7 billion in 2025 and $580 million in the first quarter and is expected to grow in excess of 60% this year." **Numbers:** $1.7, $580, 60% ### 3. transactional_business_growth **Claim:** CBRE's Transactional Businesses achieved their highest growth rate of the current cycle at 22%, reflecting their market leadership in sales, leasing, financing, and real estate development. **Evidence (transcript):** "Simultaneously, our Transactional Businesses achieved their highest growth rate of the current cycle at 22%, reflecting our strategy to maintain and extend our market leadership position in sales, leasing, financing, and real estate development." **Numbers:** 22% ### 4. advisory_sop_growth **Claim:** Advisory Services delivered strong operating leverage, with SOP growing 35%. **Evidence (transcript):** "Advisory SOP grew 35%, delivering strong operating leverage." **Numbers:** 35% ### 5. boe_sop_growth **Claim:** Building Operations & Experience (BOE)'s SOP increased 23%, with operating leverage driven by an amortization cost reclassification. Excluding this change, SOP growth was in line with revenue growth as expected. **Evidence (transcript):** "BOE's SOP increased 23%, with operating leverage driven by an amortization cost reclassification. Excluding this change, SOP growth was in line with revenue growth as expected." **Numbers:** 23% --- *Data source: FMP (live query, 2026-05-05), Q1 FY2026 earnings call transcript (Translated to EN with Gemini 2.0 Flash). Educational tool, not investment advice.*