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

Douglas Elliman

08/08/2023 24:13

* Douglas Elliman Inc  DOUG.N  reported a quarterly adjusted
loss
of 6 cents​​ per share for the quarter ended in June. The mean
expectation of two analysts for the quarter was for a loss of 13
cents per share.
    * Revenue fell 24.5% to $275.91 million from a year ago;
analysts
expected $242.06 million. 
    * Douglas Elliman Inc's reported EPS for the quarter was a
loss
of 6 cents​.
    * The mean earnings estimate of analysts had fallen by
about 1,218.1% in the last three months.​ 
    * In the last 30 days, there have been no earnings estimate
revisions by analysts covering the company. 
    * Douglas Elliman Inc shares had fallen by 5.9% this
quarter and
lost 46.1% so far this year.
    * The company reported a quarterly loss of $5.22 million.
    * Wall Street's median 12-month price target for Douglas
Elliman
Inc is $4.29 
    * 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." 

This summary was machine generated from LSEG Refinitiv data
August 7 at 11:12 p.m. UTC. ​All figures in US dollars unless
otherwise stated. QUARTER ENDING    ESTIMATE       ACTUAL         BEAT, MET,
                                                 MISSED
 Jun. 30 2023      -0.13          -0.06          Beat
 Mar. 31 2023      -0.14          -0.23          Missed
 Dec. 31 2022      -0.04          -0.23          Missed
 Sep. 30 2022      0.09           -0.05          Missed