Apr. 30 at 12:16 PM
$NMRK reports Q1 revenue up 27% QoQ to
$872.7M and declares dividend. The turnaround continues with net income swinging positive - restructuring gains evident. Commercial real estate's volatility remains a risk, but today's numbers show they're executing. Forward P/E of 8.1 suggests the market still isn't fully buying the recovery.
https://www.prnewswire.com/news-releases/newmark-reports-first-quarter-2025-financial-results-302442612.html