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Cushman & Wakefield: Q2 Earnings Snapshot

Associated Press Finance
·1 min read

LONDON (AP) — LONDON (AP) — Cushman & Wakefield (CWK) on Monday reported second-quarter net income of $13.5 million.

The London-based company said it had net income of 6 cents per share. Earnings, adjusted for one-time gains and costs, came to 20 cents per share.

The results topped Wall Street expectations. The average estimate of five analysts surveyed by Zacks Investment Research was for earnings of 18 cents per share.

The company posted revenue of $2.29 billion in the period, which did not meet Street forecasts. Four analysts surveyed by Zacks expected $2.38 billion.

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This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on CWK at https://www.zacks.com/ap/CWK