Newmark Group: Q2 Earnings Insights

Newmark Group: Q2 Earnings Insights

 

Newmark Group NMRK reported its Q2 earnings results on Friday, July 29, 2022 at 08:00 AM.

Here's what investors need to know about the announcement.

Earnings

Newmark Group beat estimated earnings by 31.43%, reporting an EPS of $0.46 versus an estimate of $0.35.

Revenue was up $125.48 million from the same period last year.

Past Earnings Performance

Last quarter the company beat on EPS by $0.11 which was followed by a 9.4% drop in the share price the next day.

Here's a look at Newmark Group's past performance:

 

Quarter Q1 2022 Q4 2021 Q3 2021 Q2 2021
EPS Estimate 0.25 0.56 0.37 0.21
EPS Actual 0.36 0.65 0.50 0.31
Revenue Estimate 646.97M 876.23M 685.05M 544.40M
Revenue Actual 678.25M 984.47M 788.13M 629.87M

To track all earnings releases for Newmark Group visit their earnings calendar here.

This article was generated by Benzinga's automated content engine and reviewed by an editor.

Posted In: BZI-RecapsEarningsNews