Newmark Q4 revenue $888.3M (+18.8%); Adj. EPS $0.55; targets $630M EBITDA in 2026

NEWMARK GROUP, INC.

2024-FY EPS reported $0.34 revenue$2,738,502,000

Total revenues $888.3M for Q4 2024, up 18.8% YoY; full-year revenues $2,754.1M, up 11.5%.
GAAP net income per diluted share $0.26 in Q4 vs $0.21; full-year EPS $0.34 vs $0.24.
Adjusted EPS $0.55 in Q4 vs $0.46; full-year Adjusted EPS $1.23 vs $1.05.
Adjusted EBITDA $182.9M in Q4, up 10.1% YoY; company targets at least $630M Adjusted EBITDA in 2026.
Business lines: Management & Servicing +21%, Capital Markets +20%, Leasing +15% compared to Q4 2023.

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