Newmark Group NMRK reported its Q2 earnings results on Friday, July 29, 2022 at 08:00 AM.
Here’s what investors need to know about the announcement.
Earnings
Newmark Group beat estimated earnings by 31.43%, reporting an EPS of $0.46 versus an estimate of $0.35.
Revenue was up $125.48 million from the same period last year.
Past Earnings Performance
Last quarter the company beat on EPS by $0.11 which was followed by a 9.4% drop in the share price the next day.
Here’s a look at Newmark Group’s past performance:
| Quarter | Q1 2022 | Q4 2021 | Q3 2021 | Q2 2021 |
|---|---|---|---|---|
| EPS Estimate | 0.25 | 0.56 | 0.37 | 0.21 |
| EPS Actual | 0.36 | 0.65 | 0.50 | 0.31 |
| Revenue Estimate | 646.97M | 876.23M | 685.05M | 544.40M |
| Revenue Actual | 678.25M | 984.47M | 788.13M | 629.87M |
To track all earnings releases for Newmark Group visit their earnings calendar here.
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