Companies Reporting Before The Bell
• LendingTree (NASDAQ:TREE) is estimated to report quarterly earnings at $0.57 per share on revenue of $292.63 million.
CBRE Group, Inc. (NYSE: CBRE) has revised its forecast for the U.S. lodging industry as the COVID-19 Delta variant impacts the level of group and business travel for the fall and winter.
Shares of CBRE Group (NYSE:CBRE) were unchanged after the company reported Q2 results.
Quarterly Results
Earnings per share increased 288.57% over the past year to $1.36, which beat the estimate of $0.73.
U.S. lodging demand will not return to pre-pandemic levels until the fourth quarter of 2023, according to a new data forecast by CBRE Hotels Research, a division of CBRE Group, Inc. (NYSE: CBRE).