How often does CBRE move more than the options market prices?

2 of the last 8 reports moved at least as far as the implied move.

CBRENYSEReal Estate

CBRE Group, Inc. (CBRE) earnings date, market-implied expected move, and options open interest by expiry

128.80

+0.22 · +0.17%

post 125.41 −2.63%

Closed16:00 ET

Open129.46Volume3.2MMkt cap$37.1BP/E26.63EPS4.71

Day125.41 – 130.480%52-wk121.44 – 174.278%

CBRE

CBRE Group, Inc.

OpenVolumeMkt capP/EEPSDiv yield

Day – 52-wk –

Expected move

No implied move.

Expected move

Inputs

Next report

Feb 11

before open · in 103 days

est.Q4 FY26

Calendar

Next report

Last report

−2.53%

vs ±7.8% implied · ×0.33

shaded = implied · ▲▼ = realized

Oct 22 '26 · confirmed

Implied vs realized

Largest filed tie

—

13F top-10 QoQ

+0.46%

shares held · 10 largest managers

13F · Jun 30 '26124d lag

1,075 managers

Top fund weight

4.08%

CBRE weight · XLRE

N-PORTJun 30 '26

10 funds

Last reportshaded = implied▲▼ = realized× = |realized| ÷ implied

CBRE (CBRE) is expected to report on Feb 11 before open (estimated date).

Implied vs realized

8 reports

2 of 8≥ implied

avg implied: ±6.8%
avg realized: ±3.1%

Feb 13 '25Feb 13 '25confirmed±6.7%▲+1.76%×0.26

Apr 24 '25Apr 24 '25confirmed±7.2%▲+0.68%×0.09

Jul 29 '25Jul 29 '25confirmed±5.4%▲+7.84%×1.46

Oct 23 '25Oct 23 '25confirmed±6.2%▲+0.26%×0.04

Feb 12 '26Feb 12 '26confirmed±6.3%▼−8.84%×1.41

Q1 FY26Apr 23 '26confirmed±7.0%▼−2.74%×0.39

Q2 FY26Jul 29 '26confirmed±8.2%▲+0.50%×0.06

Q3 FY26Oct 22 '26confirmed±7.8%▼−2.53%×0.33

quarterimplied−10%0+10%realized×

Q3 FY26±7.8%▼−2.53%×0.33

Q2 FY26±8.2%

Shaded = implied · tick ▲▼ = realized · × = |realized| ÷ impliedSource: options EOD · implied at prior close · realized close to close

Implied vs realized

Positioning

OI · 4 expiries · Oct 28 close

0.64OI · 4 expiries · Oct 28 closeP/C open interest · Mar 19 · first expiry after the report

PUTS · chgexpiry · days · P/CCALLS · chgP/C

4,491+1%Nov 2020d2.361,9030%2.36

2,2890%Dec 1848d0.464,992+147%0.46

2,6070%Jan 1576d0.584,4580%0.58

report · Feb 11 · before open · est.

4160%Mar 19139d6520%

ExpiryPutsCallsP/C

Nov 2020d4,491+1%1,9030%2.36

Dec 1848d2,2890%4,992+147%0.46

Jan 1576d2,6070%4,4580%0.58

report · Feb 11 · before open · est.

Hatched = puts · solid = calls · bars scaled per expiry · chg = OI vs prior sessionSource: options EOD

Positioning

Linked exposure

No implied move.

Linked exposure

Revenue flow

as filedQ3 FY26

4.17%as filednet margin · revenue +2.59% QoQ · +12.27% YoY

Revenue

$11.5B+2.59% QoQ

Gross profit

$2.1B+1.87% QoQ

18.45% margin

Operating income

$561M+53.70% QoQ

4.87% margin

Pre-tax income

$611M+93.97% QoQ

Net income

$480M+94.33% QoQ

4.17% margin

Cost of revenue

$9.4B+2.76% QoQ

Operating expenses

$1.6B−9.12% QoQ

SG&A $1.6B

Depreciation $184M

Tax

$131M+92.65% QoQ

Other income

$50M+200.00% QoQ

Revenue$11.5B+2.59%

Gross profit

$2.1B+1.87%

18.45% margin

Operating income

$561M+53.70%

4.87% margin

Pre-tax income

$611M+93.97%

Net income

$480M+94.33%

4.17% margin

Cost of revenue

$9.4B+2.76%

Operating expenses

$1.6B−9.12%

SG&A $1.6B

Depreciation $184M

Other income$50M+200.00%

Tax$131M+92.65%

flow · deduction · inflow · signed % = QoQSource: SEC filings · standardized · QE Sep 30 '26 · width = $

Revenue flow

Intraday

15m bars

Hatch = extended hours · ▯ up · ▮ down · bars = volume, 15mSource: market data · 16:00 ET

Intraday

Event sensitivity

NFP ×1.57· ±2.1% vs ±1.4% · 10 releases

eventrelease day|move|up · n×base

NFPjobs report±2.1%3 of 10×1.57

PPIproducer prices±1.9%4 of 10×1.43

FOMCrate decision±1.7%14 of 24×1.27

CPIconsumer prices±1.7%3 of 10×1.23

GDPgross domestic product±1.0%8 of 19×0.74

CPROFcorporate profits±0.9%3 of 12×0.69

PCEpersonal income & outlays±0.9%11 of 19×0.69

Bar = avg |move| to ±3% · tick = ±1.4% avg day · ×base = |move| ÷ ±1.4% · min 6 releases

Earnings history

EPS 1.52 · consensus —

Quarter	Reported	EPS	Consensus
Q3 FY26	Oct 22 '26 · confirmed	1.52	—
Q2 FY26	Jul 29 '26 · confirmed	0.69	—
Q1 FY26	Apr 23 '26 · confirmed	1.07	—

Source: filed financials

Methodology

ties · implied moves · holdersMethod