Douglas Elliman (NYSE:DOUG) Issues Quarterly Earnings Results, Beats Estimates By $0.11 EPS

Douglas Elliman (NYSE:DOUG) released its earnings results on Tuesday. The company reported $0.03 earnings per share for the quarter, beating analysts’ consensus estimates of ($0.08) by $0.11, Zacks reports. Douglas Elliman had a negative net margin of 8.81% and a negative return on equity of 22.85%. The business had revenue of $243.32 million during the quarter.

Douglas Elliman Price Performance

NYSE:DOUG opened at $1.84 on Thursday. The stock’s 50-day simple moving average is $1.81 and its 200 day simple moving average is $1.87. Douglas Elliman has a 52-week low of $1.00 and a 52-week high of $2.98. The company has a debt-to-equity ratio of 0.20, a quick ratio of 4.62 and a current ratio of 4.62. The company has a market cap of $163.62 million, a P/E ratio of -1.78 and a beta of 1.56.

About Douglas Elliman

Douglas Elliman Inc owns Douglas Elliman Realty, LLC, operating as a residential brokerage company in the United States with operations in New York, Florida, California, Texas, Colorado, Nevada, Massachusetts, Connecticut, Maryland, Virginia and Washington, DC In addition, Douglas Elliman sources, uses and invests in early-stage, disruptive property technology (“PropTech”) solutions and companies and provides other real estate services, including development marketing, property management and settlement and escrow services in select markets.