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Cushman & Wakefield raises 2026 EPS guidance after record Q2
Second-quarter 2026 revenue rose 11.0% year over year to $2.8 billion, and adjusted diluted EPS climbed 17.0% to 35 cents as the company cited record total revenue and lower gross debt.
Cushman & Wakefield reported second-quarter 2026 results that pushed it to raise its full-year per-share earnings guidance, Commercial Observer reports. CEO Michelle MacKay said the company set multiple records during the quarter, including the highest second-quarter total revenue in its history and the lowest gross debt balance on record. The commercial real estate services firm said revenue for the quarter increased 11.0% year over year to $2.8 billion. Adjusted diluted earnings per share grew 17.0% annually to 35 cents, and revenue came in 4.6% above the Zacks Consensus Estimate. Cushman & Wakefield also detailed that it boosted leasing and services performance, with leasing revenue rising 27.0% year over year to $628.5 million. The company attributed the momentum to larger deal sizes in the Americas and ongoing demand across office, industrial, and data center markets.
Annual adjusted earnings per share guidance was adjusted upward to reflect expected growth of between 18.0% and 23.0%, compared with prior guidance of 15.0% to 20.0%. The company said the performance was driven organically by its global platform, and it reported a sixth consecutive quarter of double-digit adjusted EPS growth.