DigitalBridge Group Inc expected to post a loss of 15 cents a share - Earnings Preview

Digitalbridge

16/02/2024 14:13

* DigitalBridge Group Inc  DBRG.N   DBRG.K  is expected
to show a
fall in quarterly revenue when it reports  results on February
20 for the period ending December 31 2023
    * The Boca Raton Florida-based  company is expected to
report a
1.5% decrease in revenue to $296.533 million from $301.08
million a year ago, according to the mean estimate from 8
analysts, based on LSEG data. (Majority sale is on Total Revenue
basis.)
    * ​LSEG's mean analyst estimate for DigitalBridge Group Inc
is for
a loss of 15 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 $21.50​, above​ its last closing price of $20.55.
​​​

Previous quarterly performance (using preferred earnings measure
in US dollars). ​
 QUARTER       STARMINESM  LSEG IBES  ACTUAL    BEAT,   SURPRI
 ENDING        ARTESTIMAT  ESTIMATE             MET,    SE %
               E®                               MISSED  
 Sep. 30 2023  0.11        0.14       0.20      Beat    47.1
 Jun. 30 2023  0.10        0.08       0.06      Missed  -25
 Mar. 31 2023  0.12        0.14       -0.02     Missed  -114​
 Dec. 31 2022  0.14        0.14       -0.07     Missed  -151.2
 ​​Sep.        0.09        0.11       0.22      Beat    105.3
 30 2022                                                
 Jun. 30 2022  0.06        0.06       0.04      Missed  -36.3​
 Mar. 31 2022  0.11        0.21       0.00      Missed  -100
 Dec. 31 2021  0.16        0.16       -0.04     Missed  -125.8
 This summary was machine generated February 16 at 14:13 GMT. 
All figures in US dollars unless otherwise stated. (For
questions concerning the data in this report, contact
Estimates.Support@lseg.com. For any other questions or feedback,
contact RefinitivNewsSupport@thomsonreuters.com)