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Market Impact: 0.35

Newmark Group (NMRK) Tops Q1 Earnings and Revenue Estimates

NMRK
Corporate EarningsAnalyst EstimatesCompany Fundamentals

Newmark Group reported quarterly EPS of $0.33, ahead of the $0.27 Zacks Consensus Estimate and up from $0.21 a year ago. The 6-cent earnings beat and 57% year-over-year EPS growth point to improved operating performance. This is a modestly positive earnings update that could support the stock in the near term.

Analysis

Newmark Group reported quarterly EPS of $0.33, ahead of the $0.27 Zacks Consensus Estimate and up from $0.21 a year ago. The 6-cent earnings beat and 57% year-over-year EPS growth point to improved operating performance. This is a modestly positive earnings update that could support the stock in the near term.

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Market Sentiment

Overall Sentiment

mildly positive

Sentiment Score

0.35

Ticker Sentiment

NMRK0.45