Canada's Colliers beats Q2 estimates on broad-based growth - CIGI News | Rallies
Canada's Colliers beats Q2 estimates on broad-based growth C CIGI • 2026-07-30 Q2 results beat estimates
Canada diversified services firm's Q2 revenue rose 17%, beating analyst expectations
Adjusted EPS for Q2 increased 6%, beating consensus estimates
Company reaffirmed 2026 outlook for mid-teens percentage growth in key metrics
Outlook reaffirmed for 2026
Colliers expects mid-teens percentage growth in revenues, Adjusted EBITDA and Adjusted EPS for 2026
Company outlook includes impact of Ayesa acquisition but excludes further acquisitions
Colliers expects continued investments in Investment Management in second half of yr
Segment growth drove results
SEGMENT GROWTH - Double-digit revenue growth across Commercial Real Estate, Engineering and Investment Management segments drove resultsENGINEERING ACQUISITIONS - Engineering revenue rose 30%, driven by recent acquisitions including Ayesa and solid internal growthCAPITAL MARKETS & LEASING - Commercial Real Estate segment saw 23% growth in Capital Markets and Leasing, led by Americas and Asia Pacific
Q2 Revenue Beat $1.57 bln $1.52 bln (9 Analysts)
Q2 Adjusted EPS Beat $1.83 $1.81 (10 Analysts)
Q2 Adjusted EBITDA $205.30 mln
Q2 Operating Earnings $98.40 mln
The current average analyst rating on the shares is "buy" and the breakdown of recommendations is 6 "strong buy" or "buy", 2 "hold" and no "sell" or "strong sell"
The average consensus recommendation for the real estate services peer group is "buy"
The stock recently traded at 13 times the next 12-month earnings vs. a P/E of 14 three months ago
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2026-07-30
CIGI•
