Douglas Emmett Inc expected to post a loss of 9 cents a share - Earnings Preview
02/02/2024 22:01
* Douglas Emmett Inc DEI.N DEI is expected to show a
fall in
quarterly revenue when it reports results on February 6 for the
period ending December 31 2023
* The Santa Monica California-based company is expected to
report
a 0.5% decrease in revenue to $252.769 million from $254.14
million a year ago, according to the mean estimate from 7
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 9 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 $14.50, above its last closing price of $13.05.
Previous quarterly performance (using preferred earnings measure
in US dollars).
QUARTER STARMINESM LSEG IBES ACTUAL BEAT, SURPRI
ENDING ARTESTIMAT ESTIMATE MET, SE %
E® MISSED
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. 31 2022 0.52 0.52 0.51 Missed -1.3
Sep. 0.51 0.51 0.51 Met -0.5
30 2022
Jun. 30 2022 0.51 0.51 0.51 Met 0.2
Mar. 31 2022 0.49 0.50 0.50 Met 0.8
Dec. 31 2021 0.49 0.49 0.48 Missed -1.1
This summary was machine generated February 2 at 22:00 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)