<p>)</p>
<p>Overview</p>
<ul>
<li>U.S. residential brokerage’s Q4 revenue rose marginally from prior year</li>
<li>Company reported net profit for the quarter, helped by gain on sale of property management unit</li>
<li>Q4 adjusted net loss and adjusted EBITDA loss both widened yr/yr</li>
</ul>
<p>Outlook</p>
<ul>
<li>Douglas Elliman did not provide specific financial guidance for future qtrs or yr</li>
</ul>
<p>Result Drivers</p>
<ul>
<li>PROPERTY MANAGEMENT SALE - Gain from sale of property management business drove Q4 net income improvement</li>
<li>EXPENSE REDUCTIONS - Co said ongoing expense reductions and operational efficiency initiatives supported profitability</li>
<li>LUXURY MARKET FOCUS - Expansion in key luxury markets and investments in technology and talent contributed to revenue base Company press release:</li>
</ul>
<p>Key Details</p>
<p>Metric    Beat/Mis  Actual    Consensu</p>
<p>s                   s</p>
<p>Estimate</p>
<h3>Q4                  $245.4</h3>
<p>Revenue             mln</p>
<h3>Q4                  -$14.2</h3>
<p>Adjusted            mln</p>
<p>Net</p>
<p>Income</p>
<p>Q4 Net              $68.6</p>
<p>Income              mln</p>
<h3>Q4                  -$10.6</h3>
<p>Adjusted            mln</p>
<h3>EBITDA</h3>
<p>Q4                  $67 mln</p>
<p>Operatin</p>
<p>g Income                       For questions concerning the data in this report, contact Estimates.Support@lseg.com. For any other questions or feedback, contact . (This story was created using Reuters automation and AI based on LSEG and company data. It was checked and edited by a Reuters journalist prior to publication.)</p>

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Douglas Elliman Q4 swings to net profit on asset sale