Douglas Elliman Q2 2024 GAAP EPS $(0.02) Misses $(0.01) Estimate, Sales $285.800M Miss $286.265M Estimate
Portfolio Pulse from Benzinga Newsdesk
Douglas Elliman (NYSE:DOUG) reported Q2 2024 GAAP EPS of $(0.02), missing the $(0.01) estimate. Sales were $285.8M, slightly below the $286.265M estimate but up 3.58% YoY.
August 07, 2024 | 9:08 pm
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Douglas Elliman reported Q2 2024 GAAP EPS of $(0.02), missing the $(0.01) estimate. Sales were $285.8M, slightly below the $286.265M estimate but up 3.58% YoY.
Douglas Elliman's Q2 2024 earnings missed both EPS and sales estimates, which is likely to negatively impact the stock price in the short term. However, the YoY sales increase may provide some support.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100