Earnings Outlook For Douglas Elliman
Portfolio Pulse from Benzinga Insights
Douglas Elliman (NYSE:DOUG) is scheduled to release its quarterly earnings report on Thursday, 2024-02-29, with analysts expecting an EPS of $-0.08. The company's past earnings performance shows a mixed impact on its stock price, with the last quarter's beat resulting in a 3.24% drop. Shares are currently trading at $1.77, down 55.57% over the last 52 weeks, indicating a bearish sentiment among long-term shareholders.
February 28, 2024 | 8:01 pm
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Douglas Elliman is expected to report a quarterly EPS of $-0.08. Past earnings have shown mixed impacts on stock price, with a notable 55.57% decline over the last year.
Given the expected EPS of $-0.08 and the historical negative reaction to past earnings, coupled with a significant 55.57% decline in share price over the last year, it's likely that DOUG's stock price may face downward pressure in the short term. The bearish sentiment among long-term shareholders and the company's recent history of stock price declines following earnings reports contribute to this assessment.
CONFIDENCE 85
IMPORTANCE 90
RELEVANCE 100