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News

Colliers International Group Raises FY24 Adj. EPS Growth Guidance From 10%-20% To 11%-21%; Revenue Growth Guidance From 5%-10% To 8%-13%

Author: Benzinga Newsdesk | August 01, 2024 07:28am

Outlook for 2024

The Company's outlook for 2024 is unchanged, except to reflect the partial year impact of the acquisition of Englobe:

2024 Outlook   
MeasureActual 2023PriorEnglobeRevised (with Englobe)
Revenue growth-3%

 
+5% to +10%+3%

 
+8% to +13%
Adjusted EBITDA growth-6%

 
+5% to +15%+3%

 
+8% to +18%
Adjusted EPS growth-23%

 
+10% to +20%+1%

 
+11% to +21%

The financial outlook is based on the Company's best available information as of the date of this press release, and remains subject to change based on numerous macroeconomic, geopolitical, health, social and related factors. Continued interest rate volatility and/or lack of credit availability for commercial real estate transactions could materially impact the outlook.


 

Posted In: CIGI

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