Cushman & Wakefield beats top-line and bottom-line estimates; reaffirms FY26 outlook

Cushman & Wakefield (CWK) reported Q3 2026 revenue of $2.81B, up 8%, and EPS of $0.37, up 28%. The company exceeded expectations, with strong growth in Americas and APAC, while EMEA faced challenges. Management reaffirmed full-year guidance and highlighted debt reduction progress. The stock rose 3.89% premarket.

Cushman & Wakefield reported Q3 2026 revenue of $2.81B, exceeding estimates by 1.1% and growing 7.7% YoY. Adjusted EPS was $0.37, a 3.8% beat. Adjusted EBITDA was $183.7M, a 0.8% beat. Operating margin remained steady at 4.6%, but free cash flow margin declined to 6.3%.

Cushman & Wakefield reported Q3 2026 revenue of $2.81 billion, exceeding estimates by 1.1%, with adjusted EPS of $0.37, beating forecasts by 3.8%. Adjusted EBITDA was $183.7 million, a 0.8% beat. Operating margin remained steady at 4.6%, but free cash flow margin declined to 6.3% from 8.6% year-on-year.

Cushman & Wakefield (CWK) reported Q3 net income of $52.1M, or 22 cents per share. Adjusted EPS was 37 cents, exceeding analyst estimates of 36 cents. Revenue was $2.81B, surpassing forecasts of $2.76B, according to Zacks.

Cushman & Wakefield Ltd. (CWK) filed an SEC Form 8-K — Results of Operations and Financial Condition. Exhibit 99.1 For Immediate Release Cushman & Wakefield Reports Financial Results for the Third Quarter 2026 NEW YORK (BUSINESS WIRE), November 4, 2026 — Cushman & Wakefield Ltd. (NYSE: CWK) today reported financial results for the third quarter of 2026. Diluted earnings per share

Cushman & Wakefield (NYSE: CWK) redeemed $150M of its 6.75% Senior Secured Notes due 2028, completing the retirement of $650M in debt. The company has repaid over $800M in debt since 2024 and has no maturities until 2030. CWK secured low borrowing margins, extended maturities, and achieved credit rating upgrades from S&P and Moody’s. The firm reported $10.3B in 2025 revenue.