The company said GAAP EPS for Q1 2024 was $0.41 ($0.37 in the year-earlier period), Core EPS was $0.78 ($0.92 a year earlier), and revenue was $7,935 million ($7,411 million a year earlier).

1. 01

   The company said GAAP EPS for Q1 2024 was $0.41 ($0.37 in the year-earlier period), Core EPS was $0.78 ($0.92 a year earlier), and revenue was $7,935 million ($7,411 million a year earlier).

2. 02

   CBRE said segment operating profit for the Advisory Services segment in Q1 was $262 million ($270 million a year earlier), and net revenue for the Global Workplace Solutions segment was $2,342 million, up 9.9%.

3. 03

   The company said cash flow from operating activities for Q1 2024 was $(492) million, and free cash flow, after capital expenditures of $68 million, was $(560) million ($(805) million a year earlier).

4. 04

   The company said it acquired J&J Worldwide Services, Inc. in Q1 for total cash and non-cash consideration of $820 million. The acquisition was partially funded by a $500 million senior notes offering. The notes carry an interest rate of 5.5% and are due in 2029.

Analysis scope · Filing body and confirmed press-release exhibitWe analyzed the opening part of the filing body and confirmed exhibits, within a length limit. This is not a review of other exhibits, investor presentations or the full earnings call.

AI summarized the filing and translated the summary into English; it may differ from the original. For reference only, not investment advice. AI translated the published Korean report into English. Figures are copied as filed, not recalculated.

Original filing

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