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Douglas Elliman Third Quarter 2024 Earnings: US$0.33 loss per share (vs US$0.059 loss in 3Q 2023)

editorial-team@simplywallst.com (Simply Wall St)
1 min read

In This Article:

Douglas Elliman (NYSE:DOUG) Third Quarter 2024 Results

Key Financial Results

  • Revenue: US$266.3m (up 5.9% from 3Q 2023).

  • Net loss: US$27.2m (loss widened by 459% from 3Q 2023).

  • US$0.33 loss per share (further deteriorated from US$0.059 loss in 3Q 2023).

earnings-and-revenue-history
NYSE:DOUG Earnings and Revenue History November 9th 2024

All figures shown in the chart above are for the trailing 12 month (TTM) period

Douglas Elliman Earnings Insights

Looking ahead, revenue is forecast to grow 23% p.a. on average during the next 2 years, compared to a 11% growth forecast for the Real Estate industry in the US.

Performance of the American Real Estate industry.

The company's shares are down 3.5% from a week ago.

Risk Analysis

What about risks? Every company has them, and we've spotted 3 warning signs for Douglas Elliman (of which 1 is potentially serious!) you should know about.

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This article by Simply Wall St is general in nature. We provide commentary based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. We aim to bring you long-term focused analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material. Simply Wall St has no position in any stocks mentioned.

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