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Newmark Group Inc. Q4 Profit Rises

Newmark Group Inc. (NMRK) released earnings for its fourth quarter that rose from last year.

The company said its bottom line advanced to $69.21 million, or $0.36 per share. This was up from $56.20 million, or $0.31 per share, in last year's fourth quarter.

The company said revenue for the quarter rose 18.8% to $460.60 million. This was up from $387.59 million last year.

Newmark Group Inc. earnings at a glance:

-Earnings (Q4): $69.21 Mln. vs. $56.20 Mln. last year.
-Earnings Growth (Y-o-Y): 23.1%
-EPS (Q4): $0.36 vs. $0.31 last year.
-EPS Growth (Y-o-Y): 16.1%
-Revenue (Q4): $460.60 Mln vs. $387.59 Mln last year.
-Revenue Change (Y-o-Y): 18.8%

Full year EPS guidance: $1.40 - $1.60
Full year revenue guidance: $1,900 - $2,050 Mln

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