Newmark Group (NASDAQ: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.
Earnings
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.
Past Earnings Performance
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.
