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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Q4 2019 Newmark Group Inc Earnings Call Transcript

Feb 13, 2020 / 03:00PM GMT
Release Date Price: $11.79 (-2.24%)
Operator

Good morning. My name is Julianne, and I will be your conference operator today. At this time, I would like to welcome everyone to the Newmark's Fourth Quarter 2019 Earnings Conference Call. (Operator Instructions) Please note that today's conference is being recorded. Thank you. I will now turn the call over to Jason Harbes, VP of Investor Relations. Sir, you may begin when you're ready.

Jason Edward Harbes
Newmark Group, Inc. - VP of IR

Thank you, and good morning. We issued our fourth quarter 2019 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 of full year of 2019 with the year earlier period. We will be referring to our 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 for results under generally accepted accounting principles or GAAP. Please see the sections in the

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