Newmark Group Inc expected to post earnings of 30 cents a share - Earnings Preview

Reuters
2024-11-01

* Newmark Group Inc is expected to show a rise in quarterly revenue when it reports results on November 5 for the period ending September 30 2024

* The New York City-based company is expected to report a 10.7% increase in revenue to $682 million from $616.3 million a year ago, according to the mean estimate from 3 analysts, based on LSEG data.

* ​LSEG's mean analyst estimate for Newmark Group Inc is for earnings of 30 cents per share.

* The current average analyst rating on the shares is "buy" and the breakdown of recommendations is 3 "strong buy" or "buy," 1 "hold" and no "sell" or "strong sell."

* The mean earnings estimate of analysts was unchanged in the last three months. ​

* Wall Street's median 12-month price target for Newmark Group Inc is $17.00​, above​ its last closing price of $14.99. ​​​

Previous quarterly performance (using preferred earnings measure in US dollars). ​

QUARTER STARMINESM LSEG IBES ACTUAL BEAT, SURPRI

ENDING ARTESTIMAT ESTIMATE MET, SE %

E® MISSED

Jan. 1 0001 0.21 0.22 Beat 6

Mar. 31 0001 0.15 0.15 0.15 Met 0

Dec. 31 2023 0.48 0.47 0.46 Missed -1.4​

Sep. 30 2023 0.23 0.26 0.27 Beat 2.5

​​Jun. 0.23 0.22 0.18 Missed -16.3

30 2023

Mar. 31 2023 0.14 0.15 0.15 Met 1.7​

Dec. 31 2022 0.29 0.32 0.32 Met 1.3

Sep. 30 2022 0.38 0.40 0.35 Missed -12.5

This summary was machine generated November 1 at 14:04 GMT. All figures in US dollars unless otherwise stated. (For questions concerning the data in this report, contact Estimates.Support@lseg.com. For any other questions or feedback, contact RefinitivNewsSupport@thomsonreuters.com)

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