What move does the options market price into Newmark's report?

Implied ±17.5%, either direction · provisional.

How often does Newmark move more than the options market prices?

1 of the last 7 reports moved at least as far as the implied move.

NMRKNasdaqReal Estate Agents & Managers (For Others)

Newmark Group, Inc. (NMRK) earnings date, market-implied expected move, and options open interest by expiry

11.89

+0.37 · +3.19%

post 12.04 +1.28%

After hours15:59 ETdelayed

Open11.89Volume3.6MMkt cap$2.2BP/E14.51EPS0.83Div yield1.49%

Day11.88 – 12.1364%52-wk11.13 – 18.0713%

NMRK

Newmark Group, Inc.

OpenVolumeMkt capP/EEPSDiv yield

Day – 52-wk –

Expected move

Inputs

±17.5%implied · straddle

9.9414.14

spot 12.04exp Mar 19ATM strike 12.5ATM straddle 2.47IV 42%

Nov 2 closeprovisionalthin chain

Expected move

Inputs

Next report

Feb 24

before open · in 114 days

est.Q4 FY26

Calendar

Next report

Last report

−5.64%

shaded = implied · ▲▼ = realized

Oct 29 '26 · confirmed

Implied vs realized

Linked news

6dSPGI · supplierS&P Global Q3 net income $1,240 million, revenue $3,678 million, diluted EPS $4.25

News

Largest filed tie

13F top-10 QoQ

+4.57%

shares held · 10 largest managers

13F · Jun 30 '26126d lag

316 managers

Top fund weight

0.12%

NMRK weight · VNQ

N-PORTJul 31 '26

5 funds

Last reportshaded = implied▲▼ = realized× = |realized| ÷ implied

Newmark (NMRK) is expected to report on Feb 24 before open (estimated date).

Implied vs realized

8 reports

1 of 7≥ implied

avg implied: ±9.8%
avg realized: ±3.4%

Feb 14 '25Feb 14 '25confirmed±5.5%▲+6.30%×1.15

Apr 30 '25Apr 30 '25confirmed±8.4%▼−0.63%×0.07

Jul 30 '25Jul 30 '25confirmed±9.9%▲+3.19%×0.32

Q3 FY25Oct 30 '25confirmed±12.1%▼−2.95%×0.24

Feb 25 '26Feb 25 '26confirmed±9.3%▼−0.48%×0.05

Q1 FY26Apr 30 '26confirmed±12.3%▲+2.22%×0.18

Q2 FY26Jul 29 '26confirmed±11.4%▼−8.06%×0.71

Oct 29 '26Oct 29 '26confirmed—▼−5.64%—

quarterimplied−15%0+15%realized×

Oct '26—▼−5.64%—

Q2 FY26±11.4%−8.06%

Shaded = implied · tick ▲▼ = realized · × = |realized| ÷ impliedSource: options EOD · implied at prior close · realized close to close

Implied vs realized

Positioning

OI · 2 expiries · Oct 28 close

0.62OI · 2 expiries · Oct 28 closeP/C open interest · Mar 19 · first expiry after the report

PUTS · chgexpiry · days · P/CCALLS · chgP/C

7790%Dec 1846d11.80660%11.80

report · Feb 24 · before open · est.

970%Mar 19137d1560%

ExpiryPutsCallsP/C

Dec 1846d7790%660%11.80

report · Feb 24 · before open · est.

Mar 19137d970%1560%0.62

Hatched = puts · solid = calls · bars scaled per expiry · chg = OI vs prior sessionSource: options EOD

Positioning

Linked exposure

scenario · straddle±17.5%

Funds 4

VNQ±0.0%

IWM±0.0%

UWM±0.0%

VTI±0.0%

Suppliers 1

SPGI±5.0%×0.29

Dashed = straddle · × = co-movement · max 500dMethod 1 more fund Source: SEC filings · N-PORT · market data

Linked exposure

Revenue flow

as filedQ2 FY26

2.64%as filednet margin · revenue +4.95% QoQ · +17.03% YoY

Revenue

$888M+4.95% QoQ

Gross profit

$349M+5.38% QoQ

39.25% margin

Operating income

$40M+49.89% QoQ

4.55% margin

Pre-tax income

$33M+64.61% QoQ

Net income

$23M+40.93% QoQ

2.64% margin

Cost of revenue

$540M+4.67% QoQ

Operating expenses

$240M+1.69% QoQ

SG&A $194M

Depreciation $46M

Other expense

$7M

Tax

$10M+179.25% QoQ

Revenue$888M+4.95%

Gross profit

$349M+5.38%

39.25% margin

Operating income

$40M+49.89%

4.55% margin

Pre-tax income

$33M+64.61%

Net income

$23M+40.93%

2.64% margin

Cost of revenue

$540M+4.67%

Operating expenses

$240M+1.69%

SG&A $194M

Depreciation $46M

Other expense

$7M

Tax$10M+179.25%

flow · deduction · signed % = QoQSource: SEC filings · standardized · QE Jun 30 '26 · width = $

Revenue flow

Intraday

15m bars

Long dash = implied range · Nov 2 close · Hatch = extended hours · ▯ up · ▮ downSource: market data · 16:00 ET

Intraday

Event sensitivity

FOMC ×1.62· ±3.0% vs ±1.9% · 24 releases

eventrelease day|move|up · n×base

FOMCrate decision±3.0%13 of 24×1.62

NFPjobs report±2.4%4 of 10×1.31

PPIproducer prices±2.2%4 of 10×1.18

CPIconsumer prices±1.9%4 of 10×1.00

GDPgross domestic product±1.5%10 of 19×0.79

PCEpersonal income & outlays±1.4%9 of 19×0.76

CPROFcorporate profits±1.3%4 of 12×0.68

Bar = avg |move| to ±3% · tick = ±1.9% avg day · ×base = |move| ÷ ±1.9% · min 6 releases

Earnings history

EPS 0.11 · consensus —

Quarter	Reported	EPS	Consensus
Q2 FY26	Jul 29 '26 · confirmed	0.11	—
Q1 FY26	Apr 30 '26 · confirmed	0.08	—
Q3 FY25	Oct 30 '25 · confirmed	0.25	—

Source: filed financials

Methodology

ties · implied moves · holdersMethod