Douglas Elliman (DOUG) Misses Q1 EPS by 1c

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Douglas Elliman Reports First Quarter 2022 Financial Results

May 10, 2022 4:11 PM EDT

Luxury Markets Fuel 13.2% Revenue Growth to $308.9 million from $272.8 million

First Quarter 2022 Highlights:

Consolidated revenues of $308.9 million, an increase of 13.2% or $36.1 million compared to the prior year period For the first quarter of 2022, Douglas Ellimans real estate brokerage segment achieved gross transaction value of approximately $11.7 billion, compared to approximately $10.1 billion for the first quarter of 2021. For the last twelve months ended March 31, 2022 and the year ended December 31, 2021, Douglas Ellimans real estate brokerage segment achieved gross transaction value of approximately $52.8 billion and $51.2... More