NYSE$DOUG

Douglas Elliman Inc · Q2 2022 earnings

Q2 2022 earnings · · Investor relations

Briefing

Achieved second-highest quarterly revenue despite macroeconomic challenges.

Douglas Elliman Inc. reported a decrease in revenue and net income for Q2 2022 compared to the prior year period. While the company achieved the second-highest quarterly revenue in its history, it experienced lower operating income and adjusted EBITDA due to challenging macroeconomic conditions.

  • Delivered the second-highest quarterly revenue total in history in Q2 2022.
  • Consolidated revenues were $364.4 million, a decrease of 7.0% compared to the prior year period.
  • Net income attributed to Douglas Elliman was $10.2 million, or $0.13 per diluted common share.
  • Real estate brokerage segment achieved gross transaction value of approximately $13.6 billion.

Headline financials

Total Revenue

$364M

Previous: $392M-7.0%
EPS (adj)

$0.11

Previous: $0.51-78.4%
Gross transaction value

$13.6B

Previous: $15.1B-9.9%
Avg. price/transaction

$1.7M

No prior period
Capital Expenditures

-$4.37M

Previous: $666K-755.7%
Free Cash Flow

$5.88M

Previous: $57.4M-89.8%
Net Income

$10.2M

Previous: $39.5M-74.0%
Operating Income

$14.6M

Previous: $43.2M-66.1%
Gross Profit

$364M

Previous: $108M+236.4%
Cash & Equivalents

$202M

Previous: $170M+18.6%
Total Assets

$595M

No prior period
Stock-Based Comp

$2.66M

No prior period

Revenue & EPS history

Douglas Elliman · Revenue · Quarterly

$364M

Q2 2022-7%vs Q2 2021
Beat estimate in 6 of 12 quarters(50%)
ActualEstimate

Revenue by segment

Douglas Elliman · $364M total across 3 segments · Q2 2022

  • Brokerage income
    $349M
  • Property mgmt
    $10M
  • Ancillary services
    $5.48M

Forward guidance

The company looks forward to accelerating its momentum as they capitalize on significant opportunities in the U.S. residential real estate market.

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 Q2 2022

Historical avgQ2 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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