Douglas Elliman Q2 2022 Earnings Report
Key Takeaways
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.
Douglas Elliman
Douglas Elliman
Douglas Elliman Revenue by Segment
Forward Guidance
The company looks forward to accelerating its momentum as they capitalize on significant opportunities in the U.S. residential real estate market.
Revenue & Expenses
Visualization of income flow from segment revenue to net income