Newmark Q3 revenue beats analyst expectations
NMRK•Newmark reported Q3 revenue of $973.2 million and adjusted EPS of $0.48, both above analyst expectations. The company forecast FY 2026 revenue of $3.7 billion to $3.8 billion, citing a challenging macroeconomic environment.
1. Quarterly results
Newmark's Q3 revenue was $973.2 million, compared with analyst expectations of $959.94 million. Adjusted EPS was $0.48, versus the $0.47 consensus estimate.
2. 2026 outlook
The company forecast FY 2026 revenue of $3.7 billion to $3.8 billion, saying the revised outlook reflects a challenging macroeconomic environment. Newmark cited double-digit gains in Leasing and its recurring businesses as result drivers.
