Newmark Group Sees FY2026 Adj EPS $1.82-$1.92 vs $1.86 Est; Sees Sales $3.700B-$3.800B vs $3.607B Est
Newmark Group, Inc. Class A NMRK | 14.63 | -1.75% |
OUTLOOK FOR 20268
Metric FY 2026 Outlook YoY Change FY 2025 Actual
Total Revenues (millions) $3,700 - $3,800 12% - 15% $3,294.0
Adjusted Earnings Per Share $1.82 - $1.92 12% - 19% $1.62
Adjusted Earnings Tax Rate 13% - 15% 11.4%
Adjusted EBITDA (millions) $635 - $675 13% - 20% $562.4
Newmark anticipates that over 90% of its earnings growth will be organic in 2026. Its guidance excludes the potential impact of
any acquisitions that close after the first quarter of 2026 and assumes no meaningful changes in Newmark's stock price
compared with the closing price on February 24, 2026. The Company's expectations are subject to change based on various
macroeconomic, social, political, and other factors. In addition, Newmark continues to target annual share count growth of 2% or
less over time