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

Digitalbridge

01/05/2025 14:31

DigitalBridge Group Inc DBRG.N reported quarterly adjusted earnings of 62 cents​​ per share for the quarter ended March 31, higher than the same quarter last year, when the company reported EPS of -28 cents.  The mean expectation of nine analysts for the quarter was for earnings of 10 cents per share. Wall Street expected results to range from 7 cents to 16 cents per share.

Revenue fell 38.9% to $45.45 million from a year ago; analysts expected $102.17 million.

DigitalBridge Group Inc's reported EPS for the quarter was a loss of 1 cent​.

The company reported a quarterly loss of $878 thousand.

DigitalBridge Group Inc shares had fallen by 4.8% this quarter and lost 25.5% so far this year.

FORECAST CHANGES

The mean earnings estimate of analysts was unchanged in the last three months.​

In the last 30 days, there have been no negative revisions of earnings estimates

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 investment management & fund operators 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 May 1 at 01:31 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
Mar. 31 2025
0.10
0.62
Beat
Dec. 31 2024
0.07
0.11
Beat
Sep. 30 2024
0.15
0.06
Missed
Jun. 30 2024
0.12
0.11
Missed