Newmark Group Inc reports results for the quarter ended June 30 - Earnings Summary
Newmark Group Inc reports results for the quarter ended June 30 - Earnings Summary
Newmark Group Inc NMRK.OQ reported quarterly adjusted earnings of 39 cents per share for the quarter ended June 30, higher than the same quarter last year, when the company reported EPS of 31 cents. The mean expectation of six analysts for the quarter was for earnings of 37 cents per share. Wall Street expected results to range from 33 cents to 44 cents per share.
Revenue rose 17% to $888.42 million from a year ago; analysts expected $854.72 million.
Newmark Group Inc's reported EPS for the quarter was 11 cents.
The company reported quarterly net income of $19.7 million.
Newmark Group Inc shares had risen by 7.2% this quarter and lost 6.6% so far this year.
FORECAST CHANGES
The mean earnings estimate of analysts had fallen by about 5.7% in the last three months.
In the last 30 days, one analyst negatively revised an earnings estimate
RECOMMENDATIONS
The current average analyst rating on the shares is "buy" and the breakdown of recommendations is 6 "strong buy" or "buy," 1 "hold" and no "sell" or "strong sell." The average consensus recommendation for the real estate services peer group is also "buy"
Wall Street's median 12-month price target for Newmark Group Inc is $19.00, about 14.8% above its last closing price of $16.20
This summary was machine generated from LSEG data July 29 at 02:16 p.m. UTC. All figures in US dollars unless otherwise stated. (For questions concerning the data in this report, contact Estimates.Support@lseg.com. For any other questions or feedback, contact RefinitivNewsSupport@thomsonreuters.com)
QUARTER ENDING | ESTIMATE | ACTUAL | BEAT, MET, MISSED |
Jun. 30 2026 | 0.37 | 0.39 | Beat |
Mar. 31 2026 | 0.27 | 0.33 | Beat |
Dec. 31 2025 | 0.67 | 0.68 | Beat |
Sep. 30 2025 | 0.40 | 0.42 | Beat |
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