Newmark Reports Third Quarter 2024 Financial Results

Rhea-AI Summary

Newmark Group (Nasdaq: NMRK), a leading commercial real estate advisor, announced its financial results for the three and nine months ended September 30, 2024. The company reported its earnings and declared a quarterly dividend.

Further details, including a complete financial results press release, are available in the 'Media' section on Newmark's website. Investors can access the PDF version of the full press release, a quarterly results investor presentation, and supplemental Excel financial tables.

A conference call to discuss the results is scheduled for today at 10:00 a.m. ET.

Insights

Financial Analyst

The provided article is a press release announcement about Newmark Group's Q3 2024 earnings, but it does not contain any actual financial results or performance metrics. Without the specific financial figures, revenue data, earnings per share, or other key performance indicators, it's impossible to provide meaningful analysis of the company's performance or market impact.

The announcement only includes information about the availability of the full financial results and details about accessing the conference call. For a proper evaluation of Newmark's quarterly performance and its implications for investors, we would need access to the complete earnings report with actual financial data.

Conference Call to Discuss Results Scheduled for 10:00 a.m. ET Today

NEW YORK, Nov. 5, 2024 /PRNewswire/ -- Newmark Group, Inc. (Nasdaq: NMRK) ("Newmark" or "the Company"), a leading commercial real estate advisor and service provider to large institutional investors, global corporations, and other owners and occupiers, today, reported its financial results for the three and nine months ended September 30, 2024, and declared its quarterly dividend.

A complete and full-text financial results press release, including information about today's financial results conference call and Newmark's dividend declaration, is accessible in the "Media" section at https://nmrk.com. It is also available directly at any of the following web pages:

https://ir.nmrk.com (PDF version of the full press release, PDF of a quarterly results investor presentation, and supplemental Excel financial tables)

https://ir.nmrk.com/investors/news-releases/financial-and-corporate-releases (Links to the PDF version of the full press release, PDF of a quarterly results investor presentation, and to Excel financial tables)

https://nmrk.com/media (PDF version of the full release only)

(Note: If clicking on the above links does not open a new web page, you may need to cut and paste the above URLs into your browser's address bar.)

Today's conference call is expected to contain forward-looking statements with respect to the Company's financial outlook.

ABOUT NEWMARK
Newmark Group, Inc. (Nasdaq: NMRK), together with its subsidiaries ("Newmark"), is a world leader in commercial real estate, seamlessly powering every phase of the property life cycle. Newmark's comprehensive suite of services and products is uniquely tailored to each client, from owners to occupiers, investors to founders, and startups to blue-chip companies. Combining the platform's global reach with market intelligence in both established and emerging property markets, Newmark provides superior service to clients across the industry spectrum. For the twelve months ended September 30, 2024, Newmark generated revenues of over $2.6 billion. As of that same date, Newmark's company-owned offices, together with its business partners, operated from nearly 170 offices with more than 7,800 professionals around the world. To learn more, visit nmrk.com or follow @newmark.

DISCUSSION OF FORWARD-LOOKING STATEMENTS ABOUT NEWMARK
Statements in this document regarding Newmark that are not historical facts are "forward-looking statements" that involve risks and uncertainties, which could cause actual results to differ from those contained in the forward-looking statements. These include statements about the Company's business, results, financial position, liquidity, and outlook, which may constitute forward-looking statements and are subject to the risk that the actual impact may differ, possibly materially, from what is currently expected. Except as required by law, Newmark undertakes no obligation to update any forward-looking statements. For a discussion of additional risks and uncertainties, which could cause actual results to differ from those contained in the forward-looking statements, see Newmark's Securities and Exchange Commission filings, including, but not limited to, the risk factors and Special Note on Forward-Looking Information set forth in these filings and any updates to such risk factors and Special Note on Forward-Looking Information contained in subsequent reports on Form 10-K, Form 10-Q, or Form 8-K.

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SOURCE Newmark Group, Inc.

FAQ

What are Newmark's third quarter 2024 financial results?

Newmark reported its financial results for the three and nine months ended September 30, 2024. Details are available on their website.

When is Newmark's conference call discussing Q3 2024 results?

The conference call is scheduled for today at 10:00 a.m. ET.

Where can I find Newmark's Q3 2024 earnings report?

The full press release, investor presentation, and financial tables are available on Newmark's website in the 'Media' section.

What is Newmark's stock symbol?

Newmark's stock symbol is NMRK.