William Blair Comments on Colliers International Group Inc’s FY2024 Earnings (TSE:CIG)

Colliers International Group Inc (TSE:CIG) (NASDAQ:CIGI) – Stock analysts at William Blair decreased their FY2024 EPS estimates for Colliers International Group in a research report issued to clients and investors on Monday, October 14th. William Blair analyst S. Sheldon now anticipates that the company will earn $7.34 per share for the year, down from their previous forecast of $7.90.

Colliers International Group (TSE:CIG) (NASDAQ:CIGI) last posted its quarterly earnings results on Thursday, August 1st. The company reported C$1.70 earnings per share (EPS) for the quarter, missing the consensus estimate of C$1.73 by C($0.03). The company had revenue of C$1.56 billion for the quarter, compared to analysts’ expectations of C$1.52 billion.

Separately, Raymond James cut shares of Colliers International Group from a “strong-buy” rating to a “moderate buy” rating in a report on Thursday, August 1st.

Colliers International Group Price Performance

Colliers International Group has a 1-year low of C$1.89 and a 1-year high of C$47.85.

Insider Buying and Selling at Colliers International Group

In other news, Director Stephen Joseph Harper sold 5,300 shares of the stock in a transaction that occurred on Thursday, August 15th. The shares were sold at an average price of C$136.30, for a total value of C$722,390.00. In related news, Director Robert Hemming sold 17,570 shares of the firm’s stock in a transaction that occurred on Tuesday, September 17th. The shares were sold at an average price of C$200.29, for a total transaction of C$3,519,119.90. Also, Director Stephen Joseph Harper sold 5,300 shares of the firm’s stock in a transaction that occurred on Thursday, August 15th. The stock was sold at an average price of C$136.30, for a total transaction of C$722,390.00. Over the last three months, insiders sold 77,376 shares of company stock valued at $14,860,926.

Colliers International Group Company Profile

Colliers International Group Inc is engaged in the provision of commercial real estate services. The Company offers services, including outsourcing and advisory services, lease brokerage and sales brokerage. Its segments include Americas; Europe, Middle East and Africa (EMEA); Asia Pacific, and Corporate.