Investing.com - Douglas Elliman reported on Thursday third quarter earnings that missed analysts' forecasts and revenue that fell short of expectations.
Douglas Elliman announced earnings per share of $-0.05 on revenue of $272.6M. Analysts polled by Investing.com EPS of $0.14 on revenue of $336.27M.
Douglas Elliman 's are down 54% and is trading at $4.48 , still down 64.61% from its 52 week high of $12.66 set on Thursday, December 30, 2021.
Douglas Elliman follows other major Real Estate sector earnings this month
Douglas Elliman's report follows an earnings beat by Prologis on Wednesday, October 19, 2022, who reported EPS of $1.36 on revenue of $1.75B, EPS of $1.34 on revenue of $1.2B.
American Tower had beat expectations on Thursday, October 27, 2022 with third quarter EPS of $1.8 on revenue of $2.67B, for EPS of $1.13 on revenue of $2.65B.
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