Douglas Emmett Inc expected to post a loss of 1 cent a share - Earnings Preview
02/11/2024 04:00
* Douglas Emmett Inc DEI.N DEI is expected to show a
fall in
quarterly revenue when it reports results on November 4 for the
period ending January 1 0001
* The Santa Monica California-based company is expected to
report
a 4.4% decrease in revenue to $244.064 million from $255.41
million a year ago, according to the mean estimate from 6
analysts, based on LSEG data. (Revenue Majority Basis is onTotal
Property Revenue)
* LSEG's mean analyst estimate for Douglas Emmett Inc is
for a
loss of 1 cent per share.
* The current average analyst rating on the shares is "hold"
and
the breakdown of recommendations is 3 "strong buy" or "buy," 9
"hold" and 2 "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 Douglas
Emmett
Inc is 16.00, below its last closing price of $17.52.
Previous quarterly performance (using preferred earnings measure
in US dollars).
QUARTER STARMINESM LSEG IBES ACTUAL BEAT, SURPRI
ENDING ARTESTIMAT ESTIMATE MET, SE %
E® MISSED
Jun. 30 2024 0.44 0.44 0.46 Beat 5.5
Mar. 31 2024 0.44 0.44 0.45 Beat 3.2
Dec. 31 2023 0.44 0.44 0.46 Beat 5.1
Sep. 30 2023 0.44 0.44 0.45 Beat 2.4
Jan. 0.47 0.47 0.48 Beat 1.6
1 0001
Mar. 31 2023 0.48 0.48 0.47 Missed -2.7
Dec. 31 2022 0.52 0.52 0.51 Missed -1.3
Jan. 1 0001 0.51 0.51 0.51 Met -0.5
This summary was machine generated November 2 at 03:59 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)