Newmark Group posts record Q3 revenue, raises adjusted EPS but cuts full‑year outlook
Newmark Group Inc. reported third‑quarter 2026 revenue of $973.2 million, up 12.7% year‑over‑year, and adjusted earnings per share of $0.48, a 14.3% increase. GAAP EPS was $0.27. The company announced a quarterly dividend and said macro‑economic uncertainty forces it to lower its full‑year 2026 revenue and EPS guidance. Management highlighted strong leasing, management services and investment‑sales performance, and noted an upgrade of its credit rating to BBB‑ by S&P.
Why it matters
The lowered full‑year guidance signals reduced earnings expectations for investors; the record quarterly results and dividend may support cash‑flow considerations, while the credit‑rating upgrade could lower financing costs for the company.
Key facts
- 1Q3 2026 revenue was $973.2 million, up 12.7% YoY. seekingalpha.com
- 2Adjusted EPS for Q3 2026 was $0.48, a 14.3% increase YoY. sec.gov
- 3GAAP EPS for Q3 2026 was $0.27, an 8.0% increase YoY. sec.gov
- 4Full‑year 2026 adjusted EPS guidance was $1.80‑$1.90 per share. finance.yahoo.com
- 5Full‑year 2026 revenue guidance was $3.7 billion‑$3.8 billion. finance.yahoo.com
- 6S&P upgraded Newmark's issuer credit rating to BBB‑ from BB+ on September 16, 2026. sec.gov
Summary written by AlphAI AI Desk from 9 of 9 sources. Not investment advice. Figures are as stated by the linked sources.