Newmark Group: Q1 Earnings Insights

Newmark Group 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.

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.

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.

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