Reported Earlier, Newmark Group Q2 Adj $0.22 Beats $0.20 Estimate, Sales $633.38M Beat $621.00M Estimate
Portfolio Pulse from Benzinga Newsdesk
Newmark Group (NASDAQ:NMRK) reported Q2 earnings of $0.22 per share, beating the $0.20 estimate and showing a 22.22% increase from last year. Sales were $633.38M, surpassing the $621.00M estimate and marking an 8.11% increase from the previous year.
August 02, 2024 | 2:49 pm
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Newmark Group reported Q2 earnings of $0.22 per share, beating the $0.20 estimate and showing a 22.22% increase from last year. Sales were $633.38M, surpassing the $621.00M estimate and marking an 8.11% increase from the previous year.
Newmark Group's Q2 earnings and sales both exceeded analyst estimates, indicating strong financial performance. The significant year-over-year growth in both earnings and sales is likely to positively impact the stock price in the short term.
CONFIDENCE 95
IMPORTANCE 90
RELEVANCE 100