Earnings Outlook For Newmark Group
Portfolio Pulse from Benzinga Insights
Newmark Group (NASDAQ:NMRK) is set to release its latest quarterly earnings report on Friday, 2023-07-28. Analysts estimate an earnings per share (EPS) of $0.21. The company's past performance shows a trend of share price drops following earnings releases. The stock is currently trading at $7.08, down 38.99% over the last 52-week period.
July 27, 2023 | 5:03 pm
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Newmark Group's upcoming earnings release could potentially impact its stock price, given the historical trend of share price drops following earnings announcements. The stock is currently down 38.99% over the last 52-week period.
Historically, Newmark Group's share price has tended to drop following earnings releases. Given that the stock is already down 38.99% over the last 52-week period, the upcoming earnings release could potentially lead to further downward pressure on the stock price.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100