TSX:CIGIReal Estate
Colliers (TSX:CIGI) Profit Margin Miss Challenges Bullish Growth Narrative
Colliers International Group (TSX:CIGI) is projected to deliver robust earnings growth this year, with forecasts calling for a 39.8% gain in annual profit and revenue growth of 6.4%, both outpacing the Canadian market averages. Despite these upbeat projections, net profit margins have compressed from 3.4% last year to 2.1% recently, and earnings declined over the most recent year, even though the company averaged an impressive 49.4% annual earnings growth over the past five years. For...