financetom
Business
financetom
/
Business
/
Newmark Group's Q4 Adjusted Earnings, Revenue Rise; Issues 2025 Guidance
News World Market Environment Technology Personal Finance Politics Retail Business Economy Cryptocurrency Forex Stocks Market Commodities
Newmark Group's Q4 Adjusted Earnings, Revenue Rise; Issues 2025 Guidance
Feb 14, 2025 5:44 AM

08:18 AM EST, 02/14/2025 (MT Newswires) -- Newmark Group ( NMRK ) reported Q4 adjusted earnings Friday of $0.55 per share, up from $0.46 a year earlier.

Analysts polled by FactSet expected $0.48.

Total revenue for the quarter ended Dec. 31 was $888.3 million, compared with $747.4 million a year earlier.

Four analysts surveyed by FactSet expected $790.8 million.

For the full-year 2025, the company said it expects adjusted earnings in the range of $1.40 to $1.50, on revenue of $2.90 billion to $3.10 billion. Analysts polled by FactSet expect adjusted earnings of $1.41, on revenue of $3 billion.

Newmark's ( NMRK ) stock was up 1.3% in recent Friday premarket activity.

Comments
Welcome to financetom comments! Please keep conversations courteous and on-topic. To fosterproductive and respectful conversations, you may see comments from our Community Managers.
Sign up to post
Sort by
Show More Comments
Related Articles >
Seres Therapeutics Completes Sale of VOWST Unit to Societe des Produits Nestle
Seres Therapeutics Completes Sale of VOWST Unit to Societe des Produits Nestle
Oct 2, 2024
05:47 PM EDT, 09/30/2024 (MT Newswires) -- Seres Therapeutics ( MCRB ) completed the sale of its VOWST business to Societe des Produits Nestle. Seres got $175 million in gross proceeds and expects to receive installment payments of $50 million in January and $25 million in July. The transaction also includes up to $275 million in future milestone payments, the...
US buys 6 million barrels of oil for Strategic Petroleum Reserve
US buys 6 million barrels of oil for Strategic Petroleum Reserve
Oct 2, 2024
WASHINGTON (Reuters) -The U.S. has bought 6 million barrels of oil for the Strategic Petroleum Reserve for delivery through May 2025, the Department of Energy said on Monday. The purchases are part of an effort to replenish stockpiles after President Joe Biden ordered the largest ever sale from the reserve in 2022 of 180 million barrels in an effort to...
ProQR Therapeutics Files $375 Million Mixed Shelf
ProQR Therapeutics Files $375 Million Mixed Shelf
Oct 2, 2024
05:49 PM EDT, 09/30/2024 (MT Newswires) -- ProQR Therapeutics ( PRQR ) on Monday filed a registration statement covering the sale of up to $375 million of its securities from time to time. The filing covers the offering up to $300 million of ordinary shares, warrants and units, and up to $75 million of ordinary shares that may be issued...
Team Amends Asset-Based Lending Credit Facility
Team Amends Asset-Based Lending Credit Facility
Oct 2, 2024
05:45 PM EDT, 09/30/2024 (MT Newswires) -- Team (TISI) said late Monday it extended the maturity date of its existing asset-based lending credit facility through Sept. 30, 2027, from Aug. 11, 2025, among other changes. The facility comprises a $130 million revolving credit facility and a $27.4 million term loan secured by certain real estate and machinery and equipment of...
Copyright 2023-2026 - www.financetom.com All Rights Reserved