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

Digitalbridge

30/10/2024 13:26

* DigitalBridge Group Inc  DBRG.N   DBRG.K  is expected
to show a
fall in quarterly revenue when it reports  results on November 1
for the period ending September 30 2024
    * The Boca Raton Florida-based  company is expected to
report a
79.4% decrease in revenue to $98.416 million from $477.08
million a year ago, according to the mean estimate from 8
analysts, based on LSEG data.
    * ​LSEG's mean analyst estimate for DigitalBridge Group Inc
is for
earnings 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 $19.00​, above​ its last closing price of $16.39.
​​​

Previous quarterly performance (using preferred earnings measure
in US dollars). ​
 QUARTER       STARMINESM  LSEG IBES  ACTUAL    BEAT,   SURPRI
 ENDING        ARTESTIMAT  ESTIMATE             MET,    SE %
               E®                               MISSED  
 Jan. 1 0001   0.12        0.12       0.11      Missed  -4.9
 Mar. 31 0001  -0.07       -0.07      -0.28     Missed  -300
 Sep. 30 2023  -0.17       -0.15      0.61      Beat    506.7​
 Sep. 30 2023  -0.23       -0.13      1.39      Beat    1,197.
                                                        3
 ​​Jun.        -0.24       -0.25      -0.14     Beat    43.4
 30 2023                                                
 Mar. 31 2023  -0.20       -0.12      -1.34     Missed  -990.7
                                                        ​
 Jan. 1 0001   -0.38       -0.33      -0.12     Beat    63.8
 Sep. 30 2022  -0.27       -0.21      -0.39     Missed  -85.7
 This summary was machine generated October 30 at 13:25 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)