Operator
Good morning. My name is Jason. I ll be your conference operator today. At this time, I d like to welcome everyone to the Newmark first quarter 2021 earnings conference call. [Operator Instructions] Please note, this event is being recorded. I ll now turn the call over to Jason Harbes, Vice President of Investor Relations. Sir, you may begin when you re ready.
Jason Edward Harbes
Vice President of International Relations
Thank you, and good morning. We issued our first quarter of 2021 financial results press release and our presentation summarizing these results this morning. The results provided on today s call compare only the first quarter of 2021 with the year earlier period, unless otherwise stated. Any figures with respect to cashflow from operations discussed on today s call refer to net cash provided by operating activities, excluding loan originations and sales. We will be referring to our results on this call only on an adjusted earnings basis, unless otherw
Operator
Good morning. My name is Matt and I will be the conference operator today. At this time, I would like to welcome everyone to the Newmark Fourth Quarter 2020 Earnings Conference Call. [Operator Instructions] Please note this event is being recorded.
I would now like to turn the call over to Jason Harbes, VP of Investor Relations. Sir, you may begin when you re ready.
Jason Harbes
Head of Investor Relations
Thank you and good morning. We issued our fourth quarter and full year 2020 financial results press release and a presentation summarizing these results this morning. The results provided on today s call compare only the fourth quarter of 2020 with the year earlier period unless otherwise stated. Any figures with respect to cash flow from operations discussed on today s call refer to net cash provided by operating activities excluding loan originations and sales. We will be referring to our results on this call only on an adjusted earnings basis unless otherwise sta