Cushman & Wakefield reports record Q3 2026 revenue and EPS beat
Cushman & Wakefield announced third‑quarter 2026 results on November 4, posting adjusted earnings per share of $0.37 and revenue of $2.81 billion, both above analyst expectations. Revenue grew 8% in local currency year‑over‑year, while adjusted EPS rose 28% from the prior year quarter. Management reaffirmed its full‑year guidance for 6%‑8% revenue growth and 18%‑23% EPS growth and highlighted progress in debt reduction. The stock gained roughly 3.9% in pre‑market trading following the release.
Why it matters
The earnings beat and higher guidance suggest continued earnings momentum, which may support the recent 3.9% pre‑market price increase. The company’s debt‑to‑EBITDA improvement to 2.9x and over $800 million of debt repayments strengthen its balance sheet, potentially enhancing financial flexibility for investors.
Key facts
- 1Adjusted earnings per share for Q3 2026 were $0.37. investing.com
- 2Revenue for the quarter was $2.81 billion. investing.com
- 3Revenue increased 8% in local currency versus the prior year quarter. investing.com
- 4Adjusted EPS rose 28% from $0.29 in Q3 2025. investing.com
- 5Trailing twelve‑month free cash flow was $200 million, a 60% conversion rate. investing.com
- 6Net debt to adjusted EBITDA improved to 2.9x, down from 3.4x a year earlier, after repaying more than $800 million of debt since early 2024. investing.com
Summary written by AlphAI AI Desk from 5 of 5 sources. Not investment advice. Figures are as stated by the linked sources.