DigitalBridge Group Inc expected to post a loss of 13 cents a share - Earnings Preview

Digitalbridge

30/10/2023 18:34

* DigitalBridge Group Inc  DBRG.N   DBRG.K  is expected
to show a
rise in quarterly revenue when it reports  results on November
1. 
    * The Boca Raton Florida-based  company is expected to
report  a
20.3% increase in revenue to $356.727 million from $296.62
million a year ago, according to the mean estimate from 8
analysts, based on Refinitiv data. 
    * ​Refinitiv's mean analyst estimate for DigitalBridge Group
Inc
is for a loss of 13 cents per share. 
    * The current average analyst rating on the shares is "buy"
and
the breakdown of recommendations is 9 "strong buy" or "buy," no
"hold" and no "sell" or "strong sell."  
    * The mean earnings estimate of analysts was unchanged in
the last
three months. ​
    * Wall Street's median 12-month price target for
DigitalBridge
Group Inc is $20​, above​ its last closing price of $15.27. ​​​

Previous quarterly performance (using preferred earnings measure
in US dollars). ​
 QUARTER       STARMINESM  REFINITIV  ACTUAL    BEAT,   SURPRI
 ENDING        ARTESTIMAT  IBES                 MET,    SE %
               E®          ESTIMATE             MISSED  
 Jun. 30 2023  0.15        0.08                         
 Mar. 31 2023  0.12        0.14       -0.02     Missed  -114
 Dec. 31 2022  0.14        0.14       -0.07     Missed  -151.2
                                                        ​
 Sep. 30 2022  0.09        0.11       0.22      Beat    105.3
 ​​Jun.        0.06        0.06       0.04      Missed  -36.3
 30 2022                                                
 Mar. 31 2022  0.11        0.21       0.00      Missed  -100​
 Dec. 31 2021  0.16        0.16       -0.04     Missed  -125.8
 Sep. 30 2021  -0.02       -0.02      0.00      Beat    100
 This summary was machine generated October 30 at 18:34 GMT.  All
figures in US dollars  unless otherwise stated