earnings
confidence high
sentiment neutral
materiality 0.60
Douglas Elliman Q4 revenue $243.3M, net loss narrows to $0.07/share
Douglas Elliman Inc.
- Q4 2024 revenue $243.3M (+13.6% YoY); operating loss $16.3M vs $23.6M
- Net loss attributable $6.0M ($0.07 diluted EPS) vs $14.8M ($0.18) in Q4 2023
- Full year 2024 revenue $995.6M (+4.2% YoY); net loss $76.3M ($0.91) vs $42.6M ($0.52)
- Cash and U.S. Treasury securities $145M at Dec 31, 2024; Jan-Feb cash receipts up ~30%
- Management cites momentum from expense reductions and Development Marketing investments