LONDON (AP) — LONDON (AP) — Cushman & Wakefield (CWK) on Monday reported a loss of $28.8 million in its first quarter.
The London-based company said it had a loss of 13 cents per share. Earnings, adjusted for non-recurring costs, were less than 1 cent on a per-share basis.
The average estimate of five analysts surveyed by Zacks Investment Research was for a loss of 2 cents per share.
The company posted revenue of $2.18 billion in the period, which did not meet Street forecasts. Four analysts surveyed by Zacks expected $2.25 billion.
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