NYSE$DOUG
Douglas Elliman Inc · Q3 2024 earnings
Q3 2024 earnings · · Investor relations
Briefing
Douglas Elliman reported strong revenue growth and improved Adjusted EBITDA compared to the same period in 2023.
Douglas Elliman Inc. reported a revenue increase for Q3 2024, with revenues reaching $266.3 million compared to $251.5 million in Q3 2023. The company experienced an operating loss of $7.4 million, an improvement over the $8.8 million loss in the same quarter of the previous year. However, the net loss attributed to Douglas Elliman was $27.2 million, or $0.33 per diluted common share, which includes a $20.2 million charge for changes in the fair value of derivatives embedded within convertible debt.
- Revenues increased to $266.3 million in Q3 2024 from $251.5 million in Q3 2023.
- Operating loss improved to $7.4 million in Q3 2024 from $8.8 million in Q3 2023.
- Net loss attributed to Douglas Elliman was $27.2 million, or $0.33 per diluted common share, including a $20.2 million charge.
- Gross transaction value for Douglas Elliman Realty, LLC reached approximately $9.8 billion.
Headline financials
Revenue & EPS history
Douglas Elliman · Revenue · Quarterly
$266M
Revenue by segment
Douglas Elliman · $252M total across 3 segments · Q3 2023
- Brokerage income$239M-8.0%95.1%
- Property mgmt$8.7M+1.8%3.5%
- Ancillary services$3.6M-11.6%1.4%
Forward guidance
Douglas Elliman is positioning itself for long-term success through strategic initiatives and a focus on profitability and growth.
Tailwinds
- Expanding company culture of connectivity and entrepreneurialism.
- Executing a clear plan to grow and diversify the business.
- Created a strategic M&A and business development unit.
- Exploring complementary acquisitions in ancillary businesses.
- Analyzing all investments to ensure they hit ROI targets.
Headwinds
- Real estate market conditions
- Competition within the industry
- Economic downturn
- Changes in regulations
- Unforeseen circumstances
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 Q3 2024
-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
| Quarter | Report date | Reaction (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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