Newmark Group Inc. (NMRK) revealed earnings for its fourth quarter that increased from the same period last year but missed the Street estimates.
The company's bottom line totaled $36.55 million, or $0.21 per share. This compares with $6.43 million, or $0.04 per share, in last year's fourth quarter.
Excluding items, Newmark Group Inc. reported adjusted earnings of $0.46 per share for the period.
Analysts on average had expected the company to earn $0.47 per share, according to figures compiled by Thomson Reuters. Analysts' estimates typically exclude special items.
The company's revenue for the quarter rose 23.1% to $747.44 million from $607.28 million last year.
Newmark Group Inc. earnings at a glance (GAAP) :
-Earnings (Q4): $36.55 Mln. vs. $6.43 Mln. last year.-EPS (Q4): $0.21 vs. $0.04 last year.-Analyst Estimate: $0.47-Revenue (Q4): $747.44 Mln vs. $607.28 Mln last year.
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June 05, 2026 16:18 ET A busy week for economic news flow saw a slew of reports being released that reflected the trends in the U.S. labor market. In Europe, economic growth and inflation data gained attention as the European Central Bank and Bank of England head for policy session later in the month. In Asia, the monetary policy session of the Indian central bank was in focus as the country, a major oil importer, reels under the pressures of a weaker rupee and rising inflation.