Newmark Group, Inc. (NMRK) Q4 2024 Earnings Call Transcript
Newmark Group, Inc. (NASDAQ:NMRK ) Q4 2024 Earnings Conference Call February 14, 2025 10:00 AM ET Company Participants Jason McGruder - Head of Investor Relations Barry Gosin - Chief Executive Officer Michael Rispoli - Chief Financial Officer Conference Call Participants Alexander Goldfarb - Piper Sandler Patrick O'Shaughnessy - Raymond James Julien Blouin - Goldman Sachs Jade Rahmani - KBW Operator Good day, and welcome to the Newmark Group's 4Q 2024 financial results. Today's conference is being recorded.
Wall Street buys into Newmark Group's AI data-center prospects as stock rallies
Newmark Group's stock on Friday notched its biggest one-day gain in more than a year, with investors snapping up shares of the commercial real-estate services company as it talked up its prospects for artificial-intelligence data centers and electric-power development.
Newmark Group (NMRK) Tops Q4 Earnings and Revenue Estimates
Newmark Group (NMRK) came out with quarterly earnings of $0.55 per share, beating the Zacks Consensus Estimate of $0.48 per share. This compares to earnings of $0.46 per share a year ago.
Wall Street Analysts Predict a 36.98% Upside in Newmark Group (NMRK): Here's What You Should Know
The consensus price target hints at a 37% upside potential for Newmark Group (NMRK). While empirical research shows that this sought-after metric is hardly effective, an upward trend in earnings estimate revisions could mean that the stock will witness an upside in the near term.
Newmark Group (NMRK) Reports Next Week: Wall Street Expects Earnings Growth
Newmark Group (NMRK) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.
How Much Upside is Left in Newmark Group (NMRK)? Wall Street Analysts Think 32.13%
The consensus price target hints at a 32.1% upside potential for Newmark Group (NMRK). While empirical research shows that this sought-after metric is hardly effective, an upward trend in earnings estimate revisions could mean that the stock will witness an upside in the near term.
Should Value Investors Buy Newmark Group (NMRK) Stock?
Here at Zacks, our focus is on the proven Zacks Rank system, which emphasizes earnings estimates and estimate revisions to find great stocks. Nevertheless, we are always paying attention to the latest value, growth, and momentum trends to underscore strong picks.
Newmark Group: Beat-And-Raise Q3 Supports A Buy
NMRK's normalized EPS rose by +22% YoY in Q3 2024, and this was equivalent to a +11% bottom-line beat. Newmark lifted its full-year revenue and earnings guidance, and the market sees NMRK expanding its non-GAAP adjusted EPS by +22% next year. I am still rating NMRK as a Buy, as I find the stock's low teens multiple to be attractive.
Newmark Group, Inc. (NMRK) Q3 2024 Earnings Call Transcript
Newmark Group, Inc. (NASDAQ:NMRK ) Q3 2024 Earnings Conference Call November 5, 2024 10:00 AM ET Company Participants Jason McGruder - Head of Investor Relations Barry Gosin - Chief Executive Officer Mike Rispoli - Chief Financial Officer Luis Alvarado - CRO & East Region Market Leader Conference Call Participants Connor Mitchell - Piper Sandler Jade Rahmani - KBW Patrick O'Shaughnessy - Raymond James Operator Ladies and gentlemen, good day, and welcome to the Newmark Group 3Q 2024 Financial Results Call. Today's conference is being recorded.
Newmark Group (NMRK) Q3 Earnings Top Estimates
Newmark Group (NMRK) came out with quarterly earnings of $0.33 per share, beating the Zacks Consensus Estimate of $0.31 per share. This compares to earnings of $0.27 per share a year ago.
Why Fast-paced Mover Newmark Group (NMRK) Is a Great Choice for Value Investors
Newmark Group (NMRK) made it through our 'Fast-Paced Momentum at a Bargain' screen and could be a great choice for investors looking for stocks that have gained strong momentum recently but are still trading at reasonable prices.
Newmark Group (NMRK) is a Great Momentum Stock: Should You Buy?
Does Newmark Group (NMRK) have what it takes to be a top stock pick for momentum investors? Let's find out.
