secwatch.observer — SEC 8-K summary
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Issuer:     NEWMARK GROUP, INC. (NMRK)
CIK:        0001690680
Form:       8-K
Filed at:   2024-08-02T23:59:59+00:00
Accession:  0001690680-24-000021
Event type: earnings
Sentiment:  positive
Materiality: 0.80
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Newmark Q2 revenue up 8.1% to $633.4M; Adjusted EPS $0.22 vs $0.18
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- Total revenues $633.4M (+8.1% YoY); GAAP net income per diluted share $0.08 (up from $0.04).
- Adjusted EPS $0.22 (+22.2% YoY); Adjusted EBITDA $86.3M (+18.3%).
- Capital markets revenue +14.5% YoY, with investment sales +18% and mortgage brokerage +46%.
- Reaffirmed 2024 guidance; targets 50% AEBITDA growth to ~$630M by 2026.
- Quarterly dividend declared; #1 U.S. Office Broker with >30% market share in H1 2024.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1690680/000169068024000021/0001690680-24-000021-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1690680/000169068024000021/nmrk-20240802.htm
  HTML page:      https://secwatch.observer/filing/0001690680-24-000021

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer