Douglas Emmett Inc (NYSE:DEI) delivered a profit and beat Wall Street’s expectations, AND beat the revenue expectation. The revenue beat is a positive sign to shareholders seeking high growth out of the company.
Douglas Emmett Inc Earnings Cheat Sheet
Results: Adjusted Earnings Per Share increased 8.33% to $0.39 in the quarter versus EPS of $0.36 in the year-earlier quarter.
Revenue: Rose 2.19% to $148.7 million from the year-earlier quarter.
Actual vs. Wall St. Expectations: Douglas Emmett Inc reported adjusted EPS income of $0.39 per share. By that measure, the company beat the mean analyst estimate of $0.37. It beat the average revenue estimate of $146.72 million.
Key Stats (on next page)…