Recap: Newmark Group Q1 Earnings - Newmark Group (NASDAQ:NMRK)

Newmark Group NMRK reported its Q1 earnings results on Friday, May 5, 2023 at 08:15 AM.

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

Newmark Group reported in-line EPS of $0.15 versus an estimate of $0.15.

Revenue was down $157.45 million from the same period last year.

Last quarter the company missed on EPS by $0.0 which was followed by a 0.59% drop in the share price the next day.

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

Quarter	Q4 2022	Q3 2022	Q2 2022	Q1 2022
EPS Estimate	0.32	0.40	0.35	0.25
EPS Actual	0.32	0.35	0.46	0.36
Revenue Estimate	652.09M	726.05M	651.06M	646.97M
Revenue Actual	607.28M	664.65M	755.35M	678.25M

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.