Colliers International posts 4Q profit

TORONTO (AP) _ Colliers International Group Inc. (CIGI) on Wednesday reported fourth-quarter profit of $44.3 million.

The Toronto-based company said it had net income of $1.14 per share. Earnings, adjusted for one-time gains and costs, came to $1.22 per share.

The commercial real estate services provider posted revenue of $576 million in the period.

For the year, the company reported profit of $68 million, or $1.75 per share. Revenue was reported as $1.9 billion.

Colliers International shares have increased 6 percent since the beginning of the year.


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Keywords: Colliers International, Earnings Report