Get all your news in one place.
100’s of premium titles.
One app.
Start reading
Benzinga
Benzinga
Business
Benzinga Insights

Newmark Group: Q1 Earnings Insights

 

Newmark Group (NASDAQ:NMRK) reported its Q1 earnings results on Friday, April 29, 2022 at 08:00 AM.

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

Earnings

Newmark Group beat estimated earnings by 44.0%, reporting an EPS of $0.36 versus an estimate of $0.25.

Revenue was up $174.27 million from the same period last year.

Past Earnings Performance

Last quarter the company beat on EPS by $0.09 which was followed by a 2.1% increase in the share price the next day.

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

 

Quarter Q4 2021 Q3 2021 Q2 2021 Q1 2021
EPS Estimate 0.56 0.37 0.21 0.11
EPS Actual 0.65 0.50 0.31 0.20
Revenue Estimate 876.23M 685.05M 544.40M 404.87M
Revenue Actual 984.47M 788.13M 629.87M 503.98M

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.

Sign up to read this article
Read news from 100’s of titles, curated specifically for you.
Already a member? Sign in here
Related Stories
Top stories on inkl right now
One subscription that gives you access to news from hundreds of sites
Already a member? Sign in here
Our Picks
Fourteen days free
Download the app
One app. One membership.
100+ trusted global sources.