Newmark Group (NASDAQ:NMRK) is scheduled to be announcing its earnings results before the market opens on Wednesday, October 30th. Analysts expect the company to announce earnings of $0.57 per share for the quarter. Newmark Group has set its FY19 guidance at $1.60-1.70 EPS.Investors that wish to register for the company’s conference call can do so using this link.
Newmark Group (NASDAQ:NMRK) last released its quarterly earnings results on Thursday, August 1st. The company reported $0.30 EPS for the quarter, beating the consensus estimate of $0.28 by $0.02. Newmark Group had a net margin of 5.69% and a return on equity of 40.30%. The firm had revenue of $551.50 million during the quarter, compared to the consensus estimate of $513.63 million. The business’s revenue for the quarter was up 18.2% on a year-over-year basis. On average, analysts expect Newmark Group to post $2 EPS for the current fiscal year and $2 EPS for the next fiscal year.
NMRK stock opened at $9.92 on Wednesday. The company has a fifty day moving average price of $9.29 and a 200 day moving average price of $8.90. Newmark Group has a 12 month low of $7.02 and a 12 month high of $11.17. The company has a market cap of $1.68 billion, a price-to-earnings ratio of 6.53, a price-to-earnings-growth ratio of 0.67 and a beta of 1.24. The company has a debt-to-equity ratio of 0.63, a current ratio of 0.46 and a quick ratio of 0.46.
About Newmark Group
Newmark Group, Inc provides commercial real estate services in the United States and internationally. Its investor/owner services and products include capital markets, such as investment sales; and agency leasing, property management, valuation and advisory, and diligence and underwriting, as well as government sponsored enterprise lending, loan servicing, debt and structured finance, and loan sales under the Newmark Knight Frank name.
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