Newmark Group Inc (NAS:NMRK)
$ 15.48 -0.15 (-0.96%) Market Cap: 2.63 Bil Enterprise Value: 4.85 Bil PE Ratio: 51.60 PB Ratio: 2.22 GF Score: 72/100
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Q1 2019 Newmark Group Inc Earnings Call Transcript

May 09, 2019 / 02:00PM GMT
Release Date Price: $7.59 (-7.10%)
Operator

Good morning. My name is Julian, and I will be your conference operator today. At this time, I would like to welcome everyone to the Newmark First Quarter 2019 Earnings Conference Call. (Operator Instructions) I will now turn the call over to Jason McGruder, Head of Investor Relations. Sir, you may begin when you're ready.

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

Good morning. We issued our first quarter 2019 financial results press release and presentation summarizing 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 first quarter of 2019 with the year earlier period. We'll be referring to results on this call mainly on an adjusted earnings basis unless otherwise stated. We may also refer to adjusted EBITDA. Please see today's press release for results under generally accepted accounting principles or GAAP.

Please see the section in the back of today's press release for the complete definitions of any such non-GAAP terms, reconciliations of these

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