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Newmark Reports Fourth Quarter and Full Year 2024 Financial Results

1. Newmark reported nearly $2.8 billion revenue for 2024. 2. Quarterly dividend declared to enhance shareholder value. 3. Forward-looking statements include potential financial outlook improvements. 4. Company operates from approximately 170 offices globally. 5. Risks mentioned could impact future financial performance.

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$13.8202/14 08:09 AM EDTEvent Start
$14.6902/17 08:26 AM EDTLatest Updated
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FAQ

Why Neutral?

The dividend declaration does support value but current risks may offset positive sentiment, similar to previous earnings reports leading to mixed reactions.

How important is it?

The financial results and dividend may attract investor interest but are clouded by uncertainties.

Why Short Term?

Immediate market reaction expected post-results announcement; however, long-term effects depend on future performance.

Related Companies

NMRKNMRK.PNRK
Conference Call to Discuss Results Scheduled for 10:00 a.m. ET Today , /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 twelve months ended December 31, 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 December 31, 2024, Newmark generated revenues of nearly $2.8 billion. As of December 31, 2024, Newmark and our business partners together operated from approximately 170 offices with over 8,000 professionals across four continents. 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. SOURCE Newmark Group, Inc. WANT YOUR COMPANY'S NEWS FEATURED ON PRNEWSWIRE.COM? 440k+ Newsrooms & Influencers 9k+ Digital Media Outlets 270k+ Journalists Opted In

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