- Colliers International reported an adjusted EPS of 87 cents for Q1, surpassing estimates of 84 cents and last year’s 77 cents.
- Total revenue for the quarter was $1.14 billion, marking a 14% year-over-year increase, slightly below the $1.15 billion estimate.
- Investment management revenue reached $126.2 million, a 3% increase from last year, but slightly below the $127.5 million estimate.
- Corporate revenue was $0.12 million, representing a 0.8% year-over-year decline and below the estimate of $0.13 million.
- Adjusted EBITDA stood at $116.0 million, up 6.8% year-over-year, but slightly below the estimated $117.2 million.
- The company reported cash and cash equivalents of $186.3 million, a 13% year-over-year increase, exceeding the estimated $181.3 million.
- Company commentary highlighted a conservative annual outlook, attributed to macroeconomic and political uncertainties.
- Analyst ratings consist of 8 buy recommendations, 3 hold recommendations, and no sell recommendations.
A look at Colliers International Smart Scores
| Factor | Score | Magnitude |
|---|---|---|
| Value | 2 | |
| Dividend | 2 | |
| Growth | 4 | |
| Resilience | 3 | |
| Momentum | 3 | |
| OVERALL SMART SCORE | 2.8 |
Smart Score is a compound score for the Company indicating its overall outlook. It is derived by taking an equally weighted average of underlying Factor scores computed by Smartkarma
Colliers International Group Inc., a global player in the real estate services sector, shows a promising long-term outlook according to Smartkarma Smart Scores. With a respectable Growth score of 4 and solid Resilience and Momentum scores of 3 each, the company seems well-positioned for future expansion and stability in the market.
While Colliers International‘s Value and Dividend scores are more moderate at 2 each, the strong ratings in Growth, Resilience, and Momentum indicate a positive overall outlook for the company. As a key player in commercial real estate, residential property management, and property services globally, Colliers International appears to have the potential for sustained growth and resilience in the long run.
Disclaimer: This article by Smartkarma is general in nature and based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. Note that our articles may not factor in the latest price-sensitive company announcements or qualitative material.
While all reasonable care has been taken in the preparation, Smartkarma makes no assurance about the accuracy of any generated data or content. All content is indicative only and should be independently checked for accuracy and confirmed before use. Smartkarma accepts no responsibility for any loss or damage caused as a result of any inaccuracy or error within the Lab online tools or generated data.
Have feedback on this article? Concerned about the content? Get in touch with us directly.
💡 Before it’s here, it’s on Smartkarma
Sign Up for Free
The Smartkarma Preview Pass is your entry to the Independent Investment Research Network
- ✓ Unlimited Research Summaries
- ✓ Personalised Alerts
- ✓ Custom Watchlists
- ✓ Company Analytics and News
- ✓ Events & Webinars
