Douglas Elliman Inc reports results for the quarter ended in December - Earnings Summary

Douglas Elliman

01/03/2024 14:31

* Douglas Elliman Inc  DOUG.N  reported a quarterly adjusted
loss
of 18 cents​​ per share for the quarter ended in December,
higher than the same quarter last year, when the company
reported EPS of -23 cents.  The mean expectation of two analysts
for the quarter was for a loss of 8 cents per share. Wall Street
expected results to range from -13 cents to -3 cents per share.
    * Revenue rose 3.3% to $214.14 million from a year ago;
analysts
expected $229.76 million. 
    * Douglas Elliman Inc's reported EPS for the quarter was a
loss
of 18 cents​.
    * The company reported a quarterly loss of $14.84 million.
    * Douglas Elliman Inc shares had fallen by 37.6% this
quarter.

FORECAST CHANGES
    * The mean earnings estimate of analysts was unchanged in
the last
three months.​ 
    * In the last 30 days, there have been no earnings estimate
revisions by analysts covering the company.

RECOMMENDATIONS
    * The current average analyst rating on the shares is "buy"
and
the breakdown of recommendations is 1 "strong buy" or "buy," 1
"hold" and no "sell" or "strong sell." 
    * The average consensus recommendation for the real estate
services peer group is also "buy"

Wall Street's median 12-month price target for Douglas Elliman
Inc is $3.00 
This summary was machine generated from LSEG data March 1 at
02:31 p.m. UTC. ​All figures in US dollars unless otherwise
stated. (For questions concerning the data in this report,
contact Estimates.Support@lseg.com. For any other questions or
feedback, contact RefinitivNewsSupport@thomsonreuters.com) QUARTER ENDING    ESTIMATE       ACTUAL         BEAT, MET,
                                                 MISSED
 Dec. 31 2023      -0.08          -0.18          Missed
 Sep. 30 2023      -0.09          -0.06          Beat
 Jun. 30 2023      -0.13          -0.06          Beat
 Mar. 31 2023      -0.14          -0.23          Missed