Douglas Emmett Inc expected to post earnings of 9  cents a share - Earnings Preview

Douglas Emmett

29/07/2023 03:01

* Douglas Emmett Inc  DEI.N   DEI  is expected to show a
rise in
quarterly revenue when it reports  results on August 1. 
    * The Santa Monica California-based  company is expected to
report
 a 2.8% increase in revenue to $254.007 million from $246.97
million a year ago, according to the mean estimate from 6
analysts, based on Refinitiv data. 
    * ​Refinitiv's mean analyst estimate for Douglas Emmett Inc
is for
earnings of 9 cents per share. 
    * The current average analyst rating on the shares is "hold"
and
the breakdown of recommendations is 4 "strong buy" or "buy," 6
"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​, below​ its last closing price of $14.39. ​​​

Previous quarterly performance (using preferred earnings measure
in US dollars). ​
 QUARTER       STARMINESM  REFINITIV  ACTUAL    BEAT,   SURPRI
 ENDING        ARTESTIMAT  IBES                 MET,    SE %
               E®          ESTIMATE             MISSED  
 Mar. 31 2023  0.48        0.48       0.47      Missed  -2.7
 Dec. 31 2023  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.        0.49        0.50       0.50      Met     0.8
 31 2022                                                
 Dec. 31 2021  0.49        0.49       0.48      Missed  -1.1​
 Sep. 30 2021  0.45        0.45       0.48      Beat    6.6
 Jun. 30 2021  0.44        0.44       0.47      Beat    7.2
 This summary was machine generated July 29 at 02:01 GMT.  All
figures in US dollars  unless otherwise stated