Cushman & Wakefield reports Q2 adjusted EPS 22c, consensus 17c

Reports Q2 revenue $2.4B, consensus $1.92B. “I am pleased with Cushman & Wakefield’s second quarter results, as we reported sequential improvements in revenue and Adjusted EBITDA and continued to execute on our strategic priorities,” said Michelle MacKay, CEO. “As anticipated, transactional markets remained under pressure during the quarter, while our services business showed resiliency, highlighting the benefits of our diversified platform. Today’s complex macroeconomic landscape requires comprehensive and thoughtful client engagement, and Cushman & Wakefield’s teams continue to provide outstanding service across the globe. We remain focused on strategic growth areas throughout our platform and continue to strengthen our overall position.”