NEW YORK (AP) _ Newmark Group Inc. (NMRK) on Thursday reported second-quarter earnings of $314,000.

On a per-share basis, the New York-based company said it had profit of 1 cent. Earnings, adjusted for non-recurring costs, were 10 cents per share.

The results fell short of Wall Street expectations. The average estimate of four analysts surveyed by Zacks Investment Research was for earnings of 21 cents per share.

The provider of commercial real estate services posted revenue of $383.7 million in the period, surpassing Street forecasts. Three analysts surveyed by Zacks expected $382.2 million.

The company's shares closed at $4.20. A year ago, they were trading at $8.72.

This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on NMRK at https://www.zacks.com/ap/NMRK

Automated Insights, source Associated Press News