Douglas Emmett Inc reports results for the quarter ended in December - Earnings Summary

Douglas Emmett

07/02/2023 23:18

* Douglas Emmett Inc  DEI.N  reported quarterly adjusted
earnings
of 14 cents​​ per share for the quarter ended in December. The
mean expectation of four analysts for the quarter was
for earnings of 13 cents per share.
    * Revenue rose 6.4% to $254.14 million from a year ago;
analysts
expected $256.93 million. 
    * Douglas Emmett Inc's reported EPS for the quarter was 14
cents​.
    * The mean earnings estimate of analysts had risen by
about 0.5%
in the last three months.​ 
    * In the last 30 days one analyst negatively revised an
earnings
estimate 
    * Douglas Emmett Inc shares had risen by 5.4% this quarter.
    * The company reported quarterly net income of $24.3
million.
    * Wall Street's median 12-month price target for Douglas
Emmett
Inc is $18.00 
    * The current average analyst rating on the shares is "hold"
and
the breakdown of recommendations is 3 "strong buy" or "buy," 11
"hold" and 1 "sell" or "strong sell." 

This summary was machine generated from Refinitiv data February
7 at 11:18 p.m.  ​All figures in US dollars unless otherwise
stated. QUARTER ENDING    ESTIMATE       ACTUAL         BEAT, MET,
                                                 MISSED
 Dec. 31 2022      0.52           0.51           Missed
 Sep. 30 2022      0.51           0.51           Met
 Jun. 30 2022      0.51           0.51           Met
 Mar. 31 2022      0.50           0.50           Met