NYSE$DOUG

Douglas Elliman Inc · Q1 2022 earnings

Q1 2022 earnings · · Investor relations

Briefing

Luxury markets fueled revenue growth.

Douglas Elliman Inc. reported a 13.2% increase in revenue to $308.9 million compared to $272.8 million in the first quarter of 2021. Net income attributed to Douglas Elliman was $6.5 million, or $0.08 per diluted common share, compared to $14.0 million, or $0.18 per diluted common share, in the prior year period.

  • Consolidated revenues increased by 13.2% to $308.9 million compared to the prior year period.
  • Real estate brokerage segment achieved gross transaction value of approximately $11.7 billion, compared to $10.1 billion for the first quarter of 2021.
  • Consolidated operating income was $7.9 million, and real estate brokerage segment operating income was $14.5 million.
  • Net income attributed to Douglas Elliman was $6.5 million, or $0.08 per diluted common share.

Headline financials

Total Revenue

$309M

Previous: $273M+13.2%
EPS (adj)

$0.08

Previous: $0.18-55.6%
Gross transaction value

$11.7B

Previous: $10.1B+15.8%
Capital Expenditures

-$849K

Previous: $597K-242.2%
Free Cash Flow

$5.66M

Previous: $13.4M-57.7%
Net Income

$6.51M

Previous: $14M-53.4%
Operating Income

$7.88M

Previous: $14.2M-44.6%
Gross Profit

$309M

Previous: $75.8M+307.7%
Cash & Equivalents

$204M

Previous: $120M+69.6%
Total Assets

$588M

No prior period
Stock-Based Comp

$2.65M

No prior period

Revenue & EPS history

Douglas Elliman · Revenue · Quarterly

$309M

Q1 2022+13.2%vs Q1 2021
Beat estimate in 4 of 8 quarters(50%)
ActualEstimate

Revenue by segment

Douglas Elliman · $252M total across 3 segments · Q3 2023

  • Brokerage income
    $239M-8.0%
  • Property mgmt
    $8.7M+1.8%
  • Ancillary services
    $3.6M-11.6%

Historical earnings impact

How earnings announcements have historically affected this stock's price.

Avg. return before/after earnings

Based on 19 quarterly earnings reports · overlaid with Q1 2022

Historical avgQ1 2022

-4.5%

Avg return

Earnings day

-6.8%

Avg return

5 days after

-5.1%

Avg return

30 days after

41%

9 / 22 earnings

Positive

+11.0%

Q2 2023

Best reaction

-26.5%

Q4 2025

Worst reaction

Earnings price reactions
QuarterReport dateReaction (Day 0)+5 days+30 days
Q1 2026-11.5%-24.4%-16.7%
Q4 2025-26.5%-31.0%-27.6%
Q3 2025-0.4%-1.2%+8.1%
Q1 2025+8.6%+16.9%+53.4%
Q4 2024+3.0%+15.2%-3.7%
Q3 2024+1.0%-2.6%+25.4%
Q2 2024-14.0%-11.6%-24.2%
Q1 2024-16.3%-20.6%-22.0%
Q4 2023+2.8%-3.9%-11.2%
Q3 2023+0.6%-10.1%+29.8%
Q2 2023+11.0%+12.4%+19.1%
Q1 2023-1.4%+3.0%-9.5%
Q4 2022-19.0%-25.9%-28.3%
Q3 2021-13.3%-20.8%-6.3%
Q3 2022-9.7%-17.7%-7.3%
Q2 2022-8.6%-10.2%-25.2%
Q1 2021-3.4%-0.7%-6.6%
Q1 2022-3.2%+0.5%-4.7%
Q4 2020+0.9%-2.6%-17.1%
Q4 2019+0.9%-2.6%-17.1%
Q2 2021+0.9%-2.6%-17.1%
Q4 2021-0.6%-8.8%-3.2%
Q3 2020
Q2 2020
Q1 2020

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