DigitalBridge Group Inc reports results for the quarter ended December 31 - Earnings Summary

Digitalbridge

20/02/2025 14:32

* DigitalBridge Group Inc  DBRG.N  reported quarterly
adjusted
earnings of 11 cents​​ per share for the quarter ended December
31, lower than the same quarter last year, when the company
reported EPS of 61 cents.  The mean expectation of ten analysts
for the quarter was for earnings of 7 cents per share. Wall
Street expected results to range from -2 cents to 12 cents per
share.
    * Revenue fell 81.1% to $66.17 million from a year ago;
analysts
expected $93.01 million. 
    * DigitalBridge Group Inc's reported EPS for the quarter was
a
loss of 12 cents​.
    * The company reported a quarterly loss of $19.71 million.
    * DigitalBridge Group Inc shares had fallen by 4.7% this
quarter.

FORECAST CHANGES
    * The mean earnings estimate of analysts had fallen by
about 19.8%
in the last three months.​ 
    * In the last 30 days, one analyst negatively revised an
earnings
estimate

RECOMMENDATIONS
    * The current average analyst rating on the shares is "buy"
and
the breakdown of recommendations is 9 "strong buy" or "buy," 1
"hold" and no "sell" or "strong sell." 
    * The average consensus recommendation for the real estate
rental,
development & operations peer group is also "buy"

Wall Street's median 12-month price target for DigitalBridge
Group Inc is $16.00 
This summary was machine generated from LSEG data February 20 at
02:32 p.m. UTC. ​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) QUARTER ENDING    ESTIMATE       ACTUAL         BEAT, MET,
                                                 MISSED
 Dec. 31 2024      0.07           0.11           Beat
 Sep. 30 2024      0.15           0.06           Missed
 Jun. 30 2024      0.12           0.11           Missed
 Mar. 31 2024      -0.07          -0.28          Missed