Brokers Set Expectations for TSE:CIG Q3 Earnings

Colliers International Group Inc (TSE:CIG) (NASDAQ:CIGI) – Equities research analysts at National Bank Financial issued their Q3 2024 EPS estimates for shares of Colliers International Group in a report issued on Monday, October 21st. National Bank Financial analyst M. Sytchev forecasts that the company will post earnings of $1.98 per share for the quarter. National Bank Financial also issued estimates for Colliers International Group’s Q4 2024 earnings at $3.12 EPS, FY2024 earnings at $7.81 EPS and FY2025 earnings at $8.82 EPS.

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

Separately, Raymond James lowered 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 Stock Performance

Colliers International Group has a 12 month low of C$1.89 and a 12 month high of C$47.85.

Insiders Place Their Bets

In other news, Director Robert Hemming sold 6,106 shares of the company’s stock in a transaction dated Wednesday, August 28th. The shares were sold at an average price of C$195.09, for a total value of C$1,191,196.95. In other news, Director Stephen Joseph Harper sold 5,300 shares of the company’s stock in a transaction dated Thursday, August 15th. The shares were sold at an average price of C$136.30, for a total value of C$722,390.00. Also, Director Robert Hemming sold 6,106 shares of the company’s stock in a transaction dated Wednesday, August 28th. The stock was sold at an average price of C$195.09, for a total transaction of C$1,191,196.95. In the last ninety days, insiders sold 77,376 shares of company stock worth $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.