CIGI Earnings Prediction
The chart below shows how CIGI performed 10 days before and after its earnings report, based on data from the past quarters. Typically, CIGI sees a +0.13% change in stock price 10 days leading up to the earnings, and a +1.44% change 10 days following the report. On the earnings day itself, the stock moves by -0.21%. This data can give you a slight idea of what to expect for the next quarter's release.
CIGI Key Earning Data
2024/Q4
Year Over Year
Quarter Over Quarter
Total Revenue
1.50B
21.57%
27.36%
Gross Margin
36.08%
-1.58%
3.53%
Operating Margin
8.86%
-19.67%
19.09%
Net Margin
5.43%
-17.48%
-7.65%
EPS
1.49
9.56%
104.11%
No Data Available
CIGI Earnings Analysis
Colliers International Group Inc Corporation (CIGI.O) Earnings Conference Call
Positive
Engineering Revenue Surge: Engineering revenues recorded the highest percentage increase driven by recent acquisitions in Canada, the US, and Australia.
Strong Recurring Revenue Base: Recurring revenues now account for more than 70% of earnings, providing a strong foundation for future growth.
Engineering Platform Strength: The new engineering platform boasts 8,000 professionals, underpinned by a strong recurring revenue base and robust contractual backlogs.
Capital Markets Recovery: The capital markets business is showing cyclical recovery as interest rates and asset valuation stabilize, positioning the company well for future results.
Asset Management Potential: Colliers International Group Inc. has about $100 billion of assets under management, setting the stage for robust revenue growth and increased profitability.
Negative
Earnings Miss Report: Colliers International Group Inc. misses on earnings expectations, reporting an EPS of $2.26 compared to the expected $2.40, indicating a shortfall of 6% in earnings per share.
Capital Markets Performance Challenges: The company experienced slower-than-expected performance in its capital markets business, with recovery in interest rates and asset valuations occurring at a slower pace than anticipated, impacting overall revenue growth.
Modest Investment Management Growth: Investment management growth was described as modest compared to the previous year, suggesting a lack of significant progress in this segment despite efforts to improve fundraising.
Stagnation in Growth Performance: Despite a strong recurring revenue base, the overall performance has not yet reached the 2021 peak, indicating a stagnation in growth relative to prior high performance levels.
Investment Management Efficiency: The decision to accelerate the streamlining of investment management operations suggests previous inefficiencies, which may have hindered growth and profitability in that segment.
CIGI FAQs
How does CIGI typically perform around its earnings report dates?
Is Colliers International Group Inc (CIGI) Q4 2024 Earnings Call Summary positive or negative?
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CIGI Earning Call Sentiment
Colliers International Group Inc. (NASDAQ:CIGI) Q4 2024 Earnings Call Transcript
CIGI.O
-0.55%Positive
The earnings call summary and Q&A indicate strong financial performance, successful integration of acquisitions, and positive guidance for future capital raising and margin improvement. Although there are some margin headwinds due to integration efforts, the overall sentiment is positive with expectations of margin expansion and strong fundraising in 2025. The lack of clarity on certain issues in the Q&A does not significantly detract from the positive outlook.
