Colliers International Group Inc. (NASDAQ:CIGI) is set to announce third quarter earning results on Tuesday 27th October 2020, before market open.
Analysts surveyed by Thomson Reuters are predicting, CIGI to report 3Q20 income of $ 0.79 per share from revenue of $ 616.63 million.
For the full year, analysts anticipate top line of $ 2665.58 million, while looking forward to income of $ 3.53 per share bottom line.
Previous Quarter Performance
Colliers International Group Inc. unfold income for the second quarter of $ 0.70 per share, from the revenue of $ 550.21 million. Street analysts expected Colliers International Group Inc. to report income of $ 0.42 per share on revenue of $ 439.64 million for the second quarter. The bottom line results beat street analysts by $ 0.28 or 66.67 percent, at the same time, top line results outshined analysts by $ 110.57 million or 25.15 percent.
Stock Performance
Shares of Colliers International Group Inc. traded low $ -0.53 or -0.80 percent on Friday, reaching $ 65.56 with volume of 82.10 thousand shares. Colliers International Group Inc. has traded high as $ 67.10 and has cracked $ 65.35 on the downward trend
According to the previous trading day, closing price of $ 65.56, representing a 94.78 % increase from the 52 week low of $ 33.93 and a 28.22 % decrease over the 52 week high of $ 92.07.
The company has a market capital of $ 2.62 billion and is part of the Real Estate sector and Real Estate Services industry.
Conference Call
Colliers International Group Inc. will be hosting a conference call at 11:00 AM eastern time on 27th October 2020, to discuss its 3Q20 financial results with the investment community. A live webcast with presentations will be available on the Internet by visiting the Company website www.colliers.com
Colliers International Group Inc. provides commercial real estate services to corporate and institutional clients in the Americas, Europe, the Middle East, Africa, Asia, Australasia, and internationally. The company offers sales brokerage services, which include purchases and sales, debt placement, equity capital raising, market value opinions, acquisition advisory, and transaction management services; and lease brokerage services comprising landlord and tenant representation services.
