DALLAS (AP) _ CBRE Group Inc. (CBRE) on Thursday reported first-quarter earnings of $392.3 million.

On a per-share basis, the Dallas-based company said it had profit of $1.16. Earnings, adjusted for one-time gains and costs, were $1.39 per share.

The results surpassed Wall Street expectations. The average estimate of three analysts surveyed by Zacks Investment Research was for earnings of $1.10 per share.

The provider of real estate investment management services posted revenue of $7.33 billion in the period.

CBRE shares have fallen 21% since the beginning of the year. The stock has climbed slightly in the last 12 months.

This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on CBRE at https://www.zacks.com/ap/CBRE

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