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Cushman & Wakefield Shares Lower Despite Q2 Revenue Beat

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Cushman & Wakefield (CWK) shares were down about 1.4% in early Wednesday trading despite reporting Q2 adjusted earnings in line with analysts' estimates and revenue that topped expectations.

The company reported Q2 adjusted earnings of $0.35 per share, up from $0.30 a year earlier.

Analysts polled by FactSet expected $0.35.

Total revenue for the quarter ended June 30 was $2.76 billion, up from $2.48 billion a year earlier.

Analysts surveyed by FactSet expected $2.65 billion.

Price: $13.91, Change: $-0.19, Percent Change: -1.35%

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