Douglas Elliman Inc. Reports First Quarter 2024 Financial Results
Douglas Elliman Inc. (DOUG)
Company Research
Source: Business Wire
First Quarter 2024 Highlights:Consolidated revenues of $200.2 million compared to $214.0 million in the prior year quarterDouglas Elliman’s real estate brokerage segment reported gross transaction value of approximately $7.1 billion, compared to approximately $7.3 billion in the prior year quarter.Douglas Elliman’s real estate brokerage segment reported an average price per transaction of $1.595 million.Consolidated operating loss of $41.5 million and real estate brokerage segment operating loss of $35.3 million compared to $23.8 million and $17.3 million, respectively, in the prior year quarterConsolidated operating loss and real estate brokerage segment operating loss include a $17.75 million litigation settlement charge, of which $7.75 million will be paid by June 12, 2024 and up to two additional $5 million contingent payments through December 31, 2027Net loss attributed to Douglas Elliman of $41.5 million, or $0.50 per diluted common share, which includes a $17.75 million litigat
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DOUG
News
- Salvatore Troia Joins NNN Pro as Chief Financial Officer as Company Continues to Bolster Brokerage Platform [Yahoo! Finance]Yahoo! Finance
- Salvatore Troia Joins NNN Pro as Chief Financial Officer as Company Continues to Bolster Brokerage PlatformBusiness Wire
- Douglas Elliman Inc. (NYSE:DOUG) Q1 2024 Earnings Call Transcript [Yahoo! Finance]Yahoo! Finance
- Bilt Rewards and Douglas Elliman Property Management Announce New Landmark Partnership [Yahoo! Finance]Yahoo! Finance
- Bilt Rewards and Douglas Elliman Property Management Announce New Landmark PartnershipBusiness Wire
DOUG
Earnings
- 5/9/24 - Miss
DOUG
Sec Filings
- 5/10/24 - Form 10-Q
- 5/10/24 - Form 8-K
- 5/8/24 - Form 4
- DOUG's page on the SEC website