Newmark Group's Q1 Adjusted Earnings, Revenue Rise; Maintains 2025 Guidance

MT Newswires Live
04-30

Newmark Group (NMRK) reported Q1 adjusted earnings Wednesday of $0.21 per diluted share, up from $0.15 a year earlier.

Analysts surveyed by FactSet expected $0.19.

Revenue for the quarter ended March 31 was $665.5 million, up from $546.5 million a year earlier.

Analysts surveyed by FactSet expected $611 million.

The company said it continues to expect 2025 adjusted EPS of $1.40 to $1.50 on revenue of $2.90 billion to $3.10 billion. Analysts polled by FactSet expect adjusted earnings of $1.41 and revenue of $3 billion.

Shares of Newmark Group were up 1.7% in recent premarket activity.

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