StocksMedium•29 October 2026•
1 min read
Newmark Group Shares Fall as Lowered Revenue Guidance Offsets Q3 Earnings Beat
Key Facts
1Newmark Group reported non-GAAP EPS of $0.48, beating analyst estimates by $0.01.
2Q3 revenue reached $973.2 million, exceeding expectations by $20.5 million.
3The company lowered its full-year revenue guidance to a midpoint of $3.75 billion, causing a stock price decline.
Newmark Group reported non-GAAP EPS of $0.48 for the third quarter, beating analyst estimates by $0.01 according to FinancialContent. The company's Q3 revenue reached $973.2 million, exceeding expectations by $20.5 million. However, the firm lowered its full-year revenue guidance to a midpoint of $3.75 billion, a move that triggered a decline in the stock price.
NMRK closed at $12.06 on October 28, 2026, with the session seeing a low of $11.57 and a high of $12.12. The downward revision in forward guidance for both revenue and EBITDA offset the positive impact of the 12.7% year-on-year revenue growth recorded during the third quarter.