Douglas Elliman Q3 EPS $(0.06) Beats $(0.08) Estimate, Sales $251.55M Miss $288.19M Estimate
Portfolio Pulse from Benzinga Newsdesk
Douglas Elliman (NYSE:DOUG) reported Q3 losses of $(0.06) per share, beating the analyst consensus estimate of $(0.08) by 25 percent. However, this is a 20 percent decrease over losses from the same period last year. The company's quarterly sales of $251.55 million missed the analyst consensus estimate of $288.19 million by 12.71 percent, marking a 7.72 percent decrease over sales from the same period last year.
November 07, 2023 | 9:30 pm
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Douglas Elliman's Q3 earnings beat estimates but sales missed, indicating mixed performance.
Douglas Elliman's Q3 earnings beat analyst estimates, which could have a positive impact on the stock. However, the company's sales missed estimates and decreased compared to the same period last year, which could negatively affect the stock. The mixed results make the short-term impact on the stock uncertain.
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IMPORTANCE 80
RELEVANCE 100