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Newmark Q1 Post-Tax Adjusted Earnings Flat, Revenue Increases
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Newmark Q1 Post-Tax Adjusted Earnings Flat, Revenue Increases
May 3, 2024 6:41 AM

09:21 AM EDT, 05/03/2024 (MT Newswires) -- Newmark ( NMRK ) reported Q1 post-tax adjusted earnings Friday of $0.15 per diluted share, unchanged from a year earlier.

Four analysts polled by Capital IQ expected $0.15.

Revenue for the quarter ended March 31 was $546.5 million, up from $520.8 million a year earlier.

Three analysts surveyed by Capital IQ expected $526.1 million.

The company declared a qualified quarterly dividend of $0.03 per share payable on June 3 to class A and class B shareholders of record on May 17.

Price: 10.05, Change: +0.07, Percent Change: +0.70

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