Earnings Preview : Q3 2024 Is Gearing Up To Be A Decisive Quarter For Douglas Elliman ($DOUG)

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Douglas Elliman's (NYSE: DOUG) third quarter financial results release is scheduled for Wednesday 6th November 2024, before the market opens. Investors and analysts will be able to assess the company's performance during the quarter.

According to the forecasts of financial experts on Wall Street, the organization is expected to reveal an anticipated $0.04 loss per share for the quarter. Additionally, the firm is poised to disclose a quarterly revenue of $255.83 million.

The company's full-year performance projections, as provided by Wall Street analysts, suggest a total revenue of $975.96 million. Further, they expect the earnings per share to achieve loss of $0.55 for the fiscal year.

The company's earnings report for the corresponding quarter of the previous year showcased a per-share loss of $0.06. This figure was a result of the company's total revenue, which reached an impressive $251.55 million during that specific period.

 

Douglas Elliman (DOUG) shares experienced a range of $1.98 to $2.19 on a day volume of 616.90 thousand shares. The stock closed Friday's regular trading session at $2.02, showing a 0.50 percent upturn.