Douglas Emmett Inc expected to post earnings of 2 cents a share - Earnings Preview
07/08/2024 01:24
* Douglas Emmett Inc DEI.N DEI is expected to show a
fall in
quarterly revenue when it reports results on August 8 for the
period ending June 30 2024
* The Santa Monica California-based company is expected to
report
a 2.4% decrease in revenue to $247.282 million from $253.41
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
earnings of 2 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, below its last closing price of $15.27.
Previous quarterly performance (using preferred earnings measure
in US dollars).
QUARTER STARMINESM LSEG IBES ACTUAL BEAT, SURPRI
ENDING ARTESTIMAT ESTIMATE MET, SE %
E® MISSED
Jan. 1 0001 0.44 0.44 0.45 Beat 3.2
Dec. 31 0001 0.44 0.44 0.46 Beat 5.1
Sep. 30 2023 0.44 0.44 0.45 Beat 2.4
Jan. 1 0001 0.47 0.47 0.48 Beat 1.6
Mar. 0.48 0.48 0.47 Missed -2.7
31 2023
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
This summary was machine generated August 7 at 00:24 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)