Douglas Elliman Inc. (DOUG) Reports Q3 Loss, Tops Revenue Estimates
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Douglas Elliman Inc. (DOUG) reported a Q3 loss of $0.08 per share, which was larger than the Zacks Consensus Estimate of a $0.04 loss. However, the company exceeded revenue expectations.
November 07, 2024 | 2:30 pm
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Douglas Elliman Inc. reported a Q3 loss of $0.08 per share, missing the Zacks Consensus Estimate of a $0.04 loss. Despite the larger loss, the company exceeded revenue expectations.
The larger-than-expected loss per share could negatively impact investor sentiment, but the revenue beat may offset this. The mixed results create uncertainty in the short-term stock price direction.
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