NYSE$CWK
Cushman & Wakefield PLC · Q2 2021 earnings
Q2 2021 earnings · · Investor relations
Briefing
Cushman & Wakefield's financial performance improved significantly, driven by revenue growth across all segments and cost reduction actions.
Cushman & Wakefield reported strong financial results for the second quarter of 2021, with revenue up 29% to $2.2 billion and adjusted EBITDA up 85% to $219.9 million. The company's performance was driven by a recovery in brokerage activity, particularly in the Americas, and by cost reduction actions and operating efficiency initiatives.
- Revenue increased by 29% year-over-year to $2.2 billion.
- Net income was $52.7 million, with earnings per share of $0.23.
- Adjusted EBITDA grew by 85% year-over-year to $219.9 million.
- Adjusted EBITDA margin expanded by 335 basis points to 13.5%.
Headline financials
Revenue & EPS history
Cushman & Wakefield · Revenue · Quarterly
$2.25B
Revenue by segment
Cushman & Wakefield · $2.49B total across 4 segments · Q2 2021
- Services$1.63B+39.3%65.5%
- Leasing$454M+72.1%18.2%
- Capital Markets$282M+150.2%11.3%
- Valuation & Other$124M+24.1%5.0%
Forward guidance
The company did not provide specific forward guidance in this earnings report.
Historical earnings impact
How earnings announcements have historically affected this stock's price.
Avg. return before/after earnings
Based on 20 quarterly earnings reports · overlaid with Q2 2021
-0.2%
Avg return
Earnings day
-0.2%
Avg return
5 days after
-2.3%
Avg return
30 days after
42%
15 / 36 earnings
Positive
+16.4%
Q3 2024
Best reaction
-13.9%
Q1 2023
Worst reaction
| Quarter | Report date | Reaction (Day 0) | +5 days | +30 days |
|---|---|---|---|---|
| Q1 2026 | -4.4% | -7.7% | -7.6% | |
| Q4 2025 | -3.2% | +0.1% | -12.7% | |
| Q3 2025 | -2.1% | -5.4% | +1.3% | |
| Q1 2025 | +4.4% | +11.9% | +12.4% | |
| Q4 2024 | -6.0% | -8.9% | -19.8% | |
| Q3 2024 | +16.4% | +14.5% | +16.0% | |
| Q2 2024 | -5.2% | -8.4% | -4.3% | |
| Q1 2024 | -0.7% | +3.1% | +10.8% | |
| Q4 2023 | -13.1% | -14.7% | -11.2% | |
| Q3 2023 | +10.3% | +23.7% | +24.6% | |
| Q2 2023 | +6.1% | +6.9% | -4.6% | |
| Q1 2023 | -13.9% | -17.3% | -7.9% | |
| Q4 2022 | -2.4% | -2.7% | -26.4% | |
| Q3 2022 | -2.4% | -3.0% | +10.3% | |
| Q2 2022 | -4.2% | -5.2% | -12.5% | |
| Q1 2022 | -2.8% | -6.0% | -5.7% | |
| Q4 2021 | +4.5% | -3.6% | -9.0% | |
| Q3 2021 | +6.5% | +2.7% | +0.4% | |
| Q2 2021 | -0.9% | -1.5% | -3.9% | |
| Q1 2021 | +6.7% | +2.3% | +3.3% | |
| Q4 2020 | -9.7% | -13.2% | -3.4% | |
| Q3 2020 | -3.8% | +10.5% | +26.0% | |
| Q2 2020 | +1.8% | +8.3% | +8.1% | |
| Q1 2020 | +3.3% | -9.8% | +23.6% | |
| Q4 2019 | +5.6% | +8.3% | -30.9% | |
| Q3 2019 | -4.5% | -2.3% | -0.9% | |
| Q2 2019 | -6.1% | -11.6% | -15.1% | |
| Q1 2018 | -6.1% | -7.1% | -7.2% | |
| Q1 2019 | -6.2% | -7.4% | -11.8% | |
| Q2 2018 | -1.4% | -0.4% | -5.7% | |
| Q4 2018 | -0.4% | +3.0% | -3.3% | |
| Q3 2017 | +8.5% | +8.4% | -1.4% | |
| Q3 2018 | +13.2% | +11.0% | +4.1% | |
| Q1 2017 | +2.2% | +5.9% | -5.8% | |
| Q2 2017 | +2.2% | +5.9% | -5.8% | |
| Q4 2017 | +2.2% | +4.3% | -5.7% |
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