Cushman & Wakefield: Q4 Earnings Snapshot

LONDON (AP) — LONDON (AP) — Cushman & Wakefield (CWK) on Tuesday reported fourth-quarter profit of $69.8 million.

On a per-share basis, the London-based company said it had net income of 30 cents. Earnings, adjusted for one-time gains and costs, were 45 cents per share.

The results topped Wall Street expectations. The average estimate of four analysts surveyed by Zacks Investment Research was for earnings of 39 cents per share.

The company posted revenue of $2.55 billion in the period, which also topped Street forecasts. Three analysts surveyed by Zacks expected $2.5 billion.

For the year, the company reported a loss of $35.4 million, or 16 cents per share. Revenue was reported as $9.49 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