CBRE's first quarter 2026 results beat estimates, driven by a 22% surge in Advisory revenue and an improved full-year outlook.

CBRE reported first quarter 2026 revenue of $10.5 billion, up 19% year-over-year, and Core EPS of $1.61, an 81% increase. Both figures surpassed analyst expectations.

Key Highlights

• Advisory Services revenue grew 22% to $2.02 billion, beating expectations on the back of a 43% increase in property sales and a 20% rise in leasing revenue.
• The Real Estate Investments segment delivered operating profit of $180 million, a 620% increase, largely due to earlier-than-anticipated profits from its data center land development program.
• Reflecting the strong start to the year, CBRE raised its full-year 2026 Core EPS guidance to a range of $7.60 to $7.80, up from the prior range of $7.30 to $7.60.