Cushman & Wakefield publishes Q3 2026 earnings call transcript
CWK•Cushman & Wakefield reaffirmed its full-year adjusted EPS growth outlook of 18%-23% and revenue growth target of 6%-8%. Third-quarter adjusted EBITDA rose 16% to $184 million, while adjusted EPS increased 28% to $0.37.
1. Quarterly results and outlook
At its November 4 earnings call, Cushman & Wakefield reaffirmed its full-year adjusted EPS growth outlook of 18%-23% and said revenue growth was expected at the mid-to-high end of its 6%-8% target. Third-quarter adjusted EBITDA increased 16% to $184 million, and adjusted EPS rose 28% to $0.37.
2. Debt and market activity
The company redeemed the remaining $150 million of its 2028 notes on October 21, roughly eight months ahead of schedule. CEO Michelle M. MacKay said rising rates had a minimal impact on Capital Markets pipelines, citing continued strength in industrial and high-quality office transactions.
