Douglas Emmett Inc expected to post a loss of 13 cents a share - Earnings Preview
04/05/2024 03:09
* Douglas Emmett Inc DEI.N DEI is expected to show a
fall in
quarterly revenue when it reports results on May 7 for the
period ending March 31 2024
* The Santa Monica California-based company is expected to
report
a 0.4% decrease in revenue to $251.321 million from $252.39
million a year ago, according to the mean estimate from 6
analysts, based on LSEG data.
* LSEG's mean analyst estimate for Douglas Emmett Inc is
for a
loss of 13 cents 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 $14.00, above its last closing price of $13.85.
Previous quarterly performance (using preferred earnings measure
in US dollars).
QUARTER STARMINESM LSEG IBES ACTUAL BEAT, SURPRI
ENDING ARTESTIMAT ESTIMATE MET, SE %
E® MISSED
Dec. 31 2023 0.44 0.44 0.46 Beat 5.1
Sep. 30 2023 0.44 0.44 0.45 Beat 2.4
Jun. 30 2023 0.47 0.47 0.48 Beat 1.6
Mar. 31 2023 0.48 0.48 0.47 Missed -2.7
Dec. 0.52 0.52 0.51 Missed -1.3
31 2022
Sep. 30 2022 0.51 0.51 0.51 Met -0.5
Jun. 30 2022 0.51 0.51 0.51 Met 0.2
Mar. 31 2022 0.49 0.50 0.50 Met 0.8
This summary was machine generated May 4 at 02:09 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)