Colliers International Group (CIG) Set to Announce Quarterly Earnings on Tuesday

Colliers International Group (TSE:CIG) (NASDAQ:CIGI) is scheduled to announce its earnings results before the market opens on Tuesday, November 5th. Analysts expect the company to announce earnings of C$2.00 per share for the quarter.

Colliers International Group (TSE:CIG) (NASDAQ:CIGI) last issued its quarterly earnings results on Thursday, August 1st. The company reported C$1.70 EPS for the quarter, missing analysts’ consensus estimates of C$1.73 by C($0.03). The business had revenue of C$1.56 billion for the quarter, compared to analyst estimates of C$1.52 billion.

Colliers International Group Price Performance

Colliers International Group has a 52-week low of C$1.89 and a 52-week high of C$47.85.

Wall Street Analyst Weigh In

Separately, Raymond James lowered Colliers International Group from a “strong-buy” rating to a “moderate buy” rating in a research note on Thursday, August 1st.

Insider Transactions at Colliers International Group

In related news, Director Robert Hemming sold 17,570 shares of Colliers International Group stock in a transaction dated Tuesday, September 17th. The stock was sold at an average price of C$200.29, for a total value of C$3,519,119.90. In other Colliers International Group news, Senior Officer Elias Mulamoottil sold 9,000 shares of the business’s stock in a transaction dated Tuesday, September 10th. The stock was sold at an average price of C$192.63, for a total transaction of C$1,733,651.10. Also, Director Robert Hemming sold 17,570 shares of the business’s stock in a transaction dated Tuesday, September 17th. The shares were sold at an average price of C$200.29, for a total value of C$3,519,119.90. Insiders sold a total of 77,376 shares of company stock valued at $14,860,926 in the last quarter.

About Colliers International Group

Colliers International Group Inc is engaged in the provision of commercial real estate services. The Company offers services, including outsourcing and advisory services, lease brokerage and sales brokerage. Its segments include Americas; Europe, Middle East and Africa (EMEA); Asia Pacific, and Corporate.