Newmark 3Q 2026: Revenue $973.2M, EPS $0.27 — 10-Q Summary

Newmark Group (NASDAQ: NMRK) reduced its 2026 outlook due to macroeconomic uncertainty, projecting $3.7B-$3.8B in revenue and $1.80-$1.90 in adjusted EPS. Management expects 2027 earnings to vary between -10% and +10% compared to 2026. The company reported $336.8M in adjusted free cash flow and authorized a $400M share buyback program. CEO Gosin plans to step down by year-end 2026.

Newmark (NMRK) reported Q3 2026 revenues of $973.2M, up 12.7%, driven by leasing and management services. Adjusted EPS rose 14.3% to $0.48. The company revised full-year 2026 guidance, citing macroeconomic volatility, and announced CEO Barry Gosin's departure. Management expects over $2B in annual revenue from management and servicing businesses by 2029. S&P upgraded Newmark's credit rating to 'BBB-' from 'BB+'.

Newmark reported a 12.7% annual revenue increase in Q3 2026, reaching $973.2 million. The firm anticipates hitting $2 billion in annual revenue by 2029, driven by growth in management services and leasing, particularly in AI and tech sectors. CEO Barry Gosin is transitioning to chairman, and the company is searching for a new CEO.

Newmark Group (NASDAQ:NMRK) reported Q3 2026 revenue of $973.2M (+12.7% YoY) and adjusted EPS of $0.48, beating estimates but shares fell 2.57%. Recurring revenue grew to 40% of YTD revenue. Full-year outlook revised due to capital markets pressure. Management Services segment grew 18.3% YoY, while Capital Markets declined 4.4%.

Newmark Group (NMRK) reported Q3 EPS of $0.48, beating estimates by $0.01, with revenue at $973.2M, exceeding expectations. The company provided FY 2026 guidance, with EPS and revenue estimates below analyst consensus. NMRK's stock is down 19.57% over the last 3 months and 33.26% over the last year, with 4 negative EPS revisions in the last 90 days.

Newmark (NMRK) reported Q3 2026 revenue of $973.2M, beating estimates by 2.2%, with adjusted EPS in line at $0.48. However, the company lowered full-year revenue and EPS guidance, citing weaker outlook. Operating margin improved to 8.8%, but free cash flow turned negative at -$303.5M.