Douglas Emmett Inc expected to post earnings of 10  cents a share - Earnings Preview

Douglas Emmett

29/04/2023 03:03

* Douglas Emmett Inc  DEI.N   DEI  is expected to show a
rise in
quarterly revenue when it reports  results on May 2. 
    * The Santa Monica California-based  company is expected to
report
 a 6.5% increase in revenue to $254.382 million from $238.88
million a year ago, according to the mean estimate from 7
analysts, based on Refinitiv data. 
    * ​Refinitiv's mean analyst estimate for Douglas Emmett Inc
is for
earnings of 10 cents per share. 
    * The current average analyst rating on the shares is "hold"
and
the breakdown of recommendations is 4 "strong buy" or "buy," 8
"hold" and 2 "sell" or "strong sell."  
    * The mean earnings estimate of analysts had risen by
about 0.4%
in the last three months. ​
    * Wall Street's median 12-month price target for Douglas
Emmett
Inc is $15​, above​ its last closing price of $12.88. ​​​

Previous quarterly performance (using preferred earnings measure
in US dollars). ​
 QUARTER       STARMINESM  REFINITIV  ACTUAL    BEAT,   SURPRI
 ENDING        ARTESTIMAT  IBES                 MET,    SE %
               E®          ESTIMATE             MISSED  
 Dec. 31 2022  0.52        0.52       0.51      Missed  -1.3
 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
 ​​Dec.        0.49        0.49       0.48      Missed  -1.1
 31 2021                                                
 Sep. 30 2021  0.45        0.45       0.48      Beat    6.6​
 Jun. 30 2021  0.44        0.44       0.47      Beat    7.2
 Mar. 31 2021  0.43        0.43       0.44      Beat    3.3
 This summary was machine generated April 29 at 02:03 GMT.  All
figures in US dollars  unless otherwise stated