Cushman & Wakefield (CWK) to Release Quarterly Earnings on Monday

Cushman & Wakefield (NYSE:CWK) is scheduled to issue its quarterly earnings data after the market closes on Monday, November 4th. Analysts expect the company to announce earnings of $0.20 per share for the quarter. Parties that are interested in registering for the company’s conference call can do so using this link.

Cushman & Wakefield (NYSE:CWK) last issued its earnings results on Monday, July 29th. The company reported $0.20 earnings per share for the quarter, topping the consensus estimate of $0.19 by $0.01. Cushman & Wakefield had a net margin of 0.22% and a return on equity of 12.08%. The company had revenue of $2.29 billion during the quarter, compared to the consensus estimate of $1.63 billion. During the same quarter in the prior year, the firm posted $0.22 EPS. Cushman & Wakefield’s quarterly revenue was down 4.9% compared to the same quarter last year. On average, analysts expect Cushman & Wakefield to post $1 EPS for the current fiscal year and $1 EPS for the next fiscal year.

Cushman & Wakefield Trading Down 1.1 %

Shares of CWK stock opened at $13.40 on Monday. The company has a debt-to-equity ratio of 1.83, a quick ratio of 1.21 and a current ratio of 1.21. The stock has a fifty day simple moving average of $13.04 and a two-hundred day simple moving average of $11.73. The firm has a market capitalization of $3.07 billion, a PE ratio of 335.00 and a beta of 1.30. Cushman & Wakefield has a 52-week low of $6.50 and a 52-week high of $13.99.

Analysts Set New Price Targets

Several analysts recently issued reports on the company. JPMorgan Chase & Co. lifted their target price on Cushman & Wakefield from $12.00 to $14.00 and gave the company a “neutral” rating in a research note on Tuesday, July 30th. Raymond James increased their price objective on shares of Cushman & Wakefield from $14.00 to $16.00 and gave the company an “outperform” rating in a report on Thursday, July 25th. Three analysts have rated the stock with a hold rating and two have assigned a buy rating to the stock. Based on data from MarketBeat.com, Cushman & Wakefield presently has an average rating of “Hold” and an average target price of $12.80.

Cushman & Wakefield Company Profile

Cushman & Wakefield plc, together with its subsidiaries, provides commercial real estate services under the Cushman & Wakefield brand in the United States, Australia, the United Kingdom, and internationally. The company operates through Americas; Europe, Middle East and Africa; and Asia Pacific segments.