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Douglas Elliman Reverses Loss With $0.08 Q3 EPS as Revenue Falls 4.1%

Revenue totaled $252.1 million; excluding prior-year property-management revenue from the comparison, the decline was 0.5%.

A miniature residential building rests on one pan of a brass scale / TokenPost.ai
A miniature residential building rests on one pan of a brass scale / TokenPost.ai

Douglas Elliman Inc. had diluted earnings of $0.08 per share in the third quarter, versus a $0.29-per-share loss in the corresponding quarter a year earlier.

Revenue was $252.1 million, down 4.1% from a year earlier. When property-management revenue from the prior-year period is excluded from the comparison, the decrease is 0.5%.

John Kim

John Kim reports on the digital-asset business for TokenPost. Send corrections or tips to info@tokenpost.com.

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