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

Douglas Emmett

02/08/2023 04:59

* Douglas Emmett Inc  DEI.N  reported a quarterly adjusted
loss
of 4 cents​​ per share for the quarter ended in June. The mean
expectation of three analysts for the quarter was for earnings
of 9 cents per share.
    * Revenue rose 2.6% to $253.41 million from a year ago;
analysts
expected $254.01 million. 
    * Douglas Emmett Inc's reported EPS for the quarter was a
loss
of 4 cents​.
    * The mean earnings estimate of analysts had fallen by
about 0.1%
in the last three months.​ 
    * In the last 30 days, there have been no earnings estimate
revisions by analysts covering the company. 
    * Douglas Emmett Inc shares had risen by 16.9% this
quarter and
lost 6.3% so far this year.
    * The company reported a quarterly loss of $7.26 million.
    * Wall Street's median 12-month price target for Douglas
Emmett
Inc is $14.00 
    * 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." 

This summary was machine generated from LSEG Refinitiv data
August 2 at 03:59 a.m. UTC. ​All figures in US dollars unless
otherwise stated. QUARTER ENDING    ESTIMATE       ACTUAL         BEAT, MET,
                                                 MISSED
 Jun. 30 2023      0.47           0.48           Beat
 Mar. 31 2023      0.48           0.47           Missed
 Dec. 31 2022      0.52           0.51           Missed
 Sep. 30 2022      0.51           0.51           Met