Newmark Group, Inc. announced strong first-quarter 2025 financial results, with total revenues increasing by 21.8% year-over-year to $665.5 million. The company saw double-digit gains across all major business lines, driven by increased activity in leasing and capital markets, and continued growth in recurring revenue businesses. Net income improved significantly, and adjusted earnings per share also saw a substantial increase.
Newmark reported strong fourth-quarter results, driven by double-digit revenue growth across all major business lines. Management and Servicing grew by 21%, Capital Markets by 20%, and Leasing by 15%. The company's Capital Markets platform significantly outperformed the industry, expanding its market share.
Newmark Group, Inc. reported an 11.3% increase in revenue to $686 million for Q3 2024, driving a 22% increase in earnings per share. The company experienced growth across all major business lines, including a 45% increase in origination fees within Capital Markets and double-digit increases in Management and Servicing businesses. Leasing results improved due to growth in retail and industrial volumes.
Newmark Group, Inc. reported positive financial results for the second quarter of 2024, with growth in all business lines. The company saw an 8% increase in total revenue and a significant rise in GAAP net income per fully diluted share and Adjusted EPS. The company reiterated its full year 2024 outlook for total revenues, Adjusted EBITDA, Adjusted EPS, and the Adjusted Earnings tax rate.
Newmark Group, Inc. reported a 4.9% increase in total revenues for the first quarter of 2024, driven by over 90% improvement in mortgage brokerage and GSE origination volumes, as well as double-digit growth from management and servicing businesses. The company's capital markets revenues increased by 13.5%, outpacing the industry.
Newmark reported a strong fourth quarter with a 23.1% increase in total revenues compared to the year-earlier period, driven by double-digit gains in all revenue categories. The company highlighted significant market share gains in leasing and capital markets, including contributions from the Signature transactions. The company anticipates industry volumes accelerating throughout the second half of 2024 and expects significant earnings outperformance towards the end of the year and into 2025.
Newmark reported a decrease in total revenues by 7.3% compared to the year-earlier period, but highlighted significant market share gains in leasing and capital markets. The company saw double-digit growth in recurring businesses and expects to outperform peers in the challenging market of 2023. Newmark is focusing on attracting talent and expanding its global footprint to navigate shifting market dynamics.
Newmark reported a decrease in total revenues and earnings for the second quarter of 2023 compared to the record revenues of the prior year. Fees from management services increased, and leasing revenues outperformed the industry. The company is focused on cost reductions and expects capital markets to drive future growth as interest rates stabilize.
Newmark reported a decrease in revenue and earnings for the first quarter of 2023 compared to the previous year. The decline was attributed to lower transaction volumes in capital markets and leasing, impacted by rising interest rates. However, the company highlighted strategic investments in talent acquisition and the acquisition of Gerald Eve, which are expected to contribute to future growth. Newmark also secured a significant mandate to sell Signature Bank's loan portfolio.