Douglas Emmett Q4 revenue misses expectations, net loss widens

Douglas Emmett

10/02/2026 21:20

Overview

Real estate investment trust's Q4 revenue missed analyst expectations

Net loss attributable to stockholders increased to $7 mln from $1 mln last year

Company secured $375 mln construction loan for Landmark Residences project

Outlook

Douglas Emmett expects 2026 net loss per share between $(0.20) and $(0.14)

Company forecasts 2026 FFO per share between $1.39 and $1.45

Result Drivers

OFFICE ABSORPTION - Achieved 104,000 sq ft of net positive office absorption due to strong demand and high tenant retention

MULTIFAMILY PERFORMANCE - Full occupancy and rising rents led to nearly 5% higher same property cash NOI in multifamily segment

DEVELOPMENT PROJECTS - Continued construction on Landmark Residences and planned redevelopment at 10900 Wilshire

Key Details

Metric
Beat/Miss
Actual
Consensus Estimate
Q4 Revenue
Miss
$249 mln
$252.58 mln (5 Analysts)
Q4 Dividend
$0.19


Analyst Coverage

The current average analyst rating on the shares is "hold" and the breakdown of recommendations is 1 "strong buy" or "buy", 9 "hold" and 1 "sell" or "strong sell"

The average consensus recommendation for the commercial reits peer group is "hold"

Wall Street's median 12-month price target for Douglas Emmett Inc is $13.00, about 23.2% above its February 9 closing price of $10.55

For questions concerning the data in this report, contact Estimates.Support@lseg.com. For any other questions or feedback, contact reuters.support@thomsonreuters.com.

(This story was created using Reuters automation and AI based on LSEG and company data. It was checked and edited by a Reuters journalist prior to publication.)