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.
