Cushman & Wakefield (NYSE:CWK) Issues Earnings Results, Beats Estimates By $0.01 EPS

06 Nov 2026, 12:26 by Sarita Garza · The Markets Daily

Cushman & Wakefield (NYSE:CWK – Get Free Report) issued its quarterly earnings results on Wednesday. The company reported $0.37 EPS for the quarter, topping analysts’ consensus estimates of $0.36 by $0.01, FiscalAI reports. The company had revenue of $2.81 billion during the quarter, compared to analysts’ expectations of $2.78 billion. Cushman & Wakefield had a return on equity of 16.60% and a net margin of 0.63%. The firm’s revenue was up 7.7% compared to the same quarter last year. During the same quarter in the previous year, the firm posted $0.29 EPS.

Here are the key takeaways from Cushman & Wakefield’s conference call:

Cushman & Wakefield reported its highest third-quarter revenue on record, up 8% to $2.8 billion; adjusted EBITDA rose 16% and adjusted EPS increased 28%, marking its seventh consecutive quarter of double-digit earnings growth.
Leasing revenue grew 15% and capital markets revenue increased 18%, while services revenue rose 5%. Management highlighted broad leasing strength in the Americas and ongoing demand for project and facilities management.
Performance was uneven across regions: EMEA leasing declined 8% and capital markets revenue fell 21%, which management attributed mainly to macroeconomic and geopolitical uncertainty; EMEA EBITDA also declined.
The company repaid its remaining $150 million of 2028 Notes ahead of schedule, bringing net leverage to 2.9x from 3.4x a year earlier and supporting greater capital-allocation flexibility. Management plans to balance organic investment with selective acquisitions and measured share repurchases.
Management maintained its 2026 adjusted EPS growth target of 18%–23% and expects revenue growth in the mid-to-high end of its 6%–8% range; it also expressed confidence in meeting its 2027 targets.

Cushman & Wakefield Trading Down 4.7%

NYSE CWK opened at $14.23 on Friday. Cushman & Wakefield has a 1 year low of $10.88 and a 1 year high of $17.40. The company has a debt-to-equity ratio of 1.15, a current ratio of 1.06 and a quick ratio of 1.08. The company has a market capitalization of $3.34 billion, a PE ratio of 49.08 and a beta of 1.53. The company has a fifty day moving average of $12.52 and a 200 day moving average of $13.36.

Analyst Ratings Changes

CWK has been the topic of a number of research reports. Weiss Ratings reissued a “hold (c)” rating on shares of Cushman & Wakefield in a report on Tuesday. Citigroup reaffirmed a “market outperform” rating on shares of Cushman & Wakefield in a report on Thursday, October 22nd. UBS Group dropped their target price on Cushman & Wakefield from $17.00 to $15.00 and set a “neutral” rating on the stock in a research report on Monday, August 10th. Zacks Research downgraded shares of Cushman & Wakefield from a “hold” rating to a “strong sell” rating in a report on Friday, October 16th. Finally, Citizens Jmp reduced their price target on shares of Cushman & Wakefield from $19.00 to $16.00 and set a “market outperform” rating for the company in a research report on Thursday, October 22nd. Five analysts have rated the stock with a Buy rating, three have assigned a Hold rating and one has given a Sell rating to the stock. According to data from MarketBeat.com, the stock has a consensus rating of “Hold” and a consensus target price of $16.57.

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Trending Headlines about Cushman & Wakefield

Here are the key news stories impacting Cushman & Wakefield this week:

Positive Sentiment: Third-quarter adjusted EPS was $0.37, above the $0.36 consensus and up from $0.29 a year earlier. Revenue rose 7.7% year over year to $2.81 billion, also ahead of estimates. Cushman & Wakefield Q3 2026 results
Positive Sentiment: Management targets 18%–23% adjusted EPS growth for 2026 and is shifting toward a more balanced capital allocation approach, including growth investment and potential capital returns. The shift is supported by lower leverage and a credit-rating upgrade, according to coverage of the outlook. 2026 EPS outlook and capital allocation
Neutral Sentiment: Cushman & Wakefield advised on the $115 million sale of a Chicago office tower. The deal highlights its brokerage activity, though it is an advisory assignment rather than a sale of a company-owned property. 225 W. Wacker sale announcement
Neutral Sentiment: Despite the earnings beat and upbeat outlook, CWK shares have declined. The articles provided offer no clear company-specific explanation, leaving the market reaction’s cause uncertain.

Insider Activity

In other Cushman & Wakefield news, insider Laurida Sayed sold 16,000 shares of Cushman & Wakefield stock in a transaction dated Thursday, August 13th. The stock was sold at an average price of $13.88, for a total transaction of $222,080.00. Following the completion of the transaction, the insider owned 5,461 shares in the company, valued at approximately $75,798.68. This trade represents a 74.55% decrease in their position. The transaction was disclosed in a filing with the SEC, which is accessible through this link. Also, insider Nathaniel Robinson sold 12,500 shares of Cushman & Wakefield stock in a transaction dated Tuesday, September 8th. The shares were sold at an average price of $13.39, for a total value of $167,375.00. Following the transaction, the insider owned 58,376 shares of the company’s stock, valued at $781,654.64. The trade was a 17.64% decrease in their position. The disclosure for this sale is available in the SEC filing. 0.74% of the stock is currently owned by company insiders.

About Cushman & Wakefield

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Cushman & Wakefield plc (NYSE: CWK) is a global commercial real estate services company that provides advisory, transaction, and property-related solutions to property owners, occupiers, investors, and developers. The company serves clients across office, industrial, retail, multifamily, hospitality, and other real estate sectors.