Recap: Newmark Group Q3 Earnings

Recap: Newmark Group Q3 Earnings

Newmark Group NMRK reported its Q3 earnings results on Friday, October 28, 2022 at 08:04 AM.

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


Newmark Group missed estimated earnings by 12.5%, reporting an EPS of $0.35 versus an estimate of $0.4.

Revenue was down $123.48 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 2.56% drop in the share price the next day.

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


Quarter Q2 2022 Q1 2022 Q4 2021 Q3 2021
EPS Estimate 0.35 0.25 0.56 0.37
EPS Actual 0.46 0.36 0.65 0.50
Revenue Estimate 651.06M 646.97M 876.23M 685.05M
Revenue Actual 755.35M 678.25M 984.47M 788.13M

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: EarningsBZI-Recaps