earnings
confidence high
sentiment negative
materiality 0.70
Douglas Elliman Q3 revenue $251.5M (-7.7% YoY), net loss $0.06 per share vs $0.05 loss
Douglas Elliman Inc.
2023-Q3 EPS reported
-$0.34
revenue$741,442,000
- Consolidated revenue $251.5M vs $272.6M in Q3 2022; operating loss $8.8M vs $5.2M loss.
- Net loss attributed to Douglas Elliman $4.9M ($0.06 per diluted share) vs $4.0M loss ($0.05) YoY.
- Real estate brokerage segment GTV ~$9.3B, average price per transaction $1.57M.
- YTD 2023: revenue $741.4M, net loss $27.7M ($0.34) vs net income $12.8M ($0.15) prior year.
- Adjusted EBITDA loss $3.0M vs income $124k in Q3 2022.