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All You Need to Know About Newmark Group (NMRK) Rating Upgrade to Strong Buy
ZACKS· 2025-07-31 17:00
Core Viewpoint - Newmark Group (NMRK) has been upgraded to a Zacks Rank 1 (Strong Buy), indicating a positive earnings outlook that could lead to increased stock prices [1][3]. Earnings Estimates and Stock Performance - The Zacks rating system is based on changes in earnings estimates, which are a significant factor influencing stock price movements [2][4]. - Rising earnings estimates for Newmark Group suggest an improvement in the company's underlying business, likely resulting in higher stock prices [5][8]. Zacks Rank System - The Zacks Rank system classifies stocks into five groups based on earnings estimates, with Zacks Rank 1 stocks historically generating an average annual return of +25% since 1988 [7]. - Only the top 5% of Zacks-covered stocks receive a "Strong Buy" rating, indicating superior earnings estimate revisions [9][10]. Recent Performance of Newmark Group - For the fiscal year ending December 2025, Newmark Group is expected to earn $1.45 per share, with a 3.9% increase in the Zacks Consensus Estimate over the past three months [8].
Newmark Group (NMRK) Surpasses Q2 Earnings and Revenue Estimates
ZACKS· 2025-07-30 14:31
Core Viewpoint - Newmark Group (NMRK) reported quarterly earnings of $0.31 per share, exceeding the Zacks Consensus Estimate of $0.26 per share, and showing an increase from $0.22 per share a year ago, indicating a positive earnings surprise of +19.23% [1] Financial Performance - The company achieved revenues of $759.11 million for the quarter ended June 2025, surpassing the Zacks Consensus Estimate by 10.68%, compared to $633.38 million in the same quarter last year [2] - Over the last four quarters, Newmark Group has consistently exceeded consensus EPS estimates and topped revenue estimates three times [2] Stock Performance - Newmark Group shares have increased approximately 12.7% since the beginning of the year, outperforming the S&P 500's gain of 8.3% [3] Future Outlook - The company's earnings outlook is crucial for investors, with current consensus EPS estimates at $0.38 for the coming quarter and $1.45 for the current fiscal year, with revenues expected to be $746.65 million and $3.05 billion respectively [7] - The Zacks Rank for Newmark Group is currently 2 (Buy), indicating expectations for the stock to outperform the market in the near future [6] Industry Context - The Real Estate - Operations industry, to which Newmark Group belongs, is currently ranked in the top 37% of over 250 Zacks industries, suggesting a favorable environment for stock performance [8]
CBRE Group (CBRE) Tops Q1 Earnings Estimates
ZACKS· 2025-04-24 13:05
Core Insights - CBRE Group reported quarterly earnings of $0.86 per share, exceeding the Zacks Consensus Estimate of $0.81 per share, and showing an increase from $0.78 per share a year ago, resulting in an earnings surprise of 6.17% [1] - The company achieved revenues of $8.91 billion for the quarter ended March 2025, matching the Zacks Consensus Estimate and representing a year-over-year increase from $7.94 billion [2] - CBRE has surpassed consensus EPS estimates in all four of the last quarters and has topped consensus revenue estimates three times during the same period [2] Earnings Outlook - The sustainability of CBRE's stock price movement will largely depend on management's commentary during the earnings call and future earnings expectations [3][4] - The current consensus EPS estimate for the upcoming quarter is $1.13 on revenues of $9.37 billion, while the estimate for the current fiscal year is $5.94 on revenues of $39.59 billion [7] Industry Context - The Real Estate - Operations industry, to which CBRE belongs, is currently ranked in the bottom 27% of over 250 Zacks industries, indicating potential challenges ahead [8] - Empirical research suggests a strong correlation between near-term stock movements and trends in earnings estimate revisions, which could impact CBRE's performance [5][6]