CWK Q1 2023 Earnings — Cushman & Wakefield plc Revenue & Financial Results | Market Cap Arena

CWKCushman & Wakefield plc

$3B

Q1 2023 Earnings

Real Estate Real Estate - Services

Income Statement

Revenue

$2.2B-3.5% YoY

Gross Profit

$342M15.2% margin

Operating Income

-$18M-0.8% margin

Net Income

-$76M-3.4% margin

EPS (Diluted)

$-0.34

QoQ Revenue Growth

-15.0%

Cash Flow

Operating Cash Flow

-$222M

Free Cash Flow

-$232M

Stock-Based Comp.

$11M

Balance Sheet

Total Assets

$7.6B

Total Liabilities

$6.0B

Stockholders' Equity

$1.6B

Cash & Equivalents

$460M

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$2.2B	$2.3B	-3.5%
Gross Profit	$342M	$471M	-27.4%
Operating Income	-$18M	$135M	-113.5%
Net Income	-$76M	$46M	-267.9%

Geographic Segments

Americas Segment

$1.7B76%

Asia Pacific Segment

$324M14%

Europe, The Middle East And Africa Segment

$205M9%