Newmark Group Inc reports results for the quarter ended March 31 - Earnings Summary

Newmark

30/04/2025 14:32

Newmark Group Inc NMRK.OQ reported quarterly adjusted earnings of 21 cents​​ per share for the quarter ended March 31, higher than the same quarter last year, when the company reported EPS of 15 cents.  The mean expectation of five analysts for the quarter was for earnings of 19 cents per share. Wall Street expected results to range from 16 cents to 22 cents per share.

Revenue rose 21.8% to $665.49 million from a year ago; analysts expected $606.14 million.

Newmark Group Inc's reported EPS for the quarter was a loss of 5 cents​.

The company reported a quarterly loss of $8.77 million.

Newmark Group Inc shares had fallen by 9.1% this quarter and lost 13.7% so far this year.

FORECAST CHANGES

The mean earnings estimate of analysts had risen by about 3.3% 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 3 "strong buy" or "buy," 2 "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 $14.75

This summary was machine generated from LSEG data April 30 at 01:32 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
Mar. 31 2025
0.19
0.21
Beat
Dec. 31 2024
0.48
0.55
Beat
Sep. 30 2024
0.30
0.33
Beat
Jun. 30 2024
0.21
0.22
Beat