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

Douglas Emmett

02/05/2023 23:26

* Douglas Emmett Inc  DEI.N  reported quarterly adjusted
earnings
of 10 cents​​ per share for the quarter ended in March. The mean
expectation of four analysts for the quarter was for earnings of
10 cents per share.
    * Revenue rose 5.7% to $252.39 million from a year ago;
analysts
expected $254.38 million. 
    * Douglas Emmett Inc's reported EPS for the quarter was 10
cents​.
    * The mean earnings estimate of analysts had fallen by
about 2% 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 2.4% this
quarter and
lost 19.5% so far this year.
    * The company reported quarterly net income of $18.37
million.
    * Wall Street's median 12-month price target for Douglas
Emmett
Inc is $15.00 
    * 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." 

This summary was machine generated from LSEG Refinitiv data May
2 at 10:26 p.m. UTC. ​All figures in US dollars unless otherwise
stated. QUARTER ENDING    ESTIMATE       ACTUAL         BEAT, MET,
                                                 MISSED
 Mar. 31 2023      0.48           0.47           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