Newmark Group: Q1 Earnings Snapshot

In This Article:

NEW YORK (AP) — NEW YORK (AP) — Newmark Group Inc. (NMRK) on Wednesday reported a loss of $8.8 million in its first quarter.

On a per-share basis, the New York-based company said it had a loss of 5 cents. Earnings, adjusted for non-recurring costs, were 21 cents per share.

The provider of commercial real estate services posted revenue of $665.5 million in the period.

Newmark Group expects full-year earnings in the range of $1.40 to $1.50 per share, with revenue in the range of $2.9 billion to $3.1 billion.

_____

This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on NMRK at https://www.zacks.com/ap/NMRK