Newmark Group Inc (NAS:NMRK)
$ 15.31 -0.17 (-1.1%) Market Cap: 2.60 Bil Enterprise Value: 4.85 Bil PE Ratio: 51.03 PB Ratio: 2.20 GF Score: 72/100

Q4 2018 Newmark Group Inc Earnings Call Transcript

Feb 12, 2019 / 03:00PM GMT
Release Date Price: $10.55 (-1.77%)
Operator

Good morning. My name is Jody, and I will be your conference operator today. At this time, I would like to welcome everyone to the Newmark Fourth Quarter 2018 Earnings Conference Call. (Operator Instructions) Thank you.

I'll now turn the call over to Jason McGruder, Head of Investor Relations. Sir, you may begin when ready.

Jason A. McGruder
BGC Partners, Inc. - Head of IR

Good morning. We issued our fourth quarter and full year 2018 financial results press release and a presentation summarizing these results this morning. You can find these documents at ir.ngkf.com. Unless otherwise stated, the results provided on today's call compare only the fourth quarter and our full year of 2018 with the year-earlier period. We'll be referring to results on this call only on an adjusted earnings basis, unless otherwise stated. We may also refer to adjusted EBITDA. Please see today's press release results under Generally Accepted Accounting Principles or GAAP.

Please see the sections in the back of today's press release for the complete definitions of

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