Douglas Emmett Earnings: Everything You Must Know Now

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.

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Douglas Emmett Inc Earnings Cheat Sheet

Results: Adjusted Earnings Per Share increased 5.71% to $0.37 in the quarter versus EPS of $0.35 in the year-earlier quarter.

Revenue: Rose 2.01% to $145.5 million from the year-earlier quarter.

Actual vs. Wall St. Expectations: Douglas Emmett Inc reported adjusted EPS income of $0.37 per share. By that measure, the company beat the mean analyst estimate of $0.35. It beat the average revenue estimate of $142.91 million.

Quoting Management: There was no comment from management.

Key Stats (on next page)…

Revenue increased 0.65% from $144.56 million in the previous quarter. EPS increased 12.12% from $0.33 in the previous quarter.

Looking Forward: Analysts have a more positive outlook for the company’s next-quarter performance. Over the past three months, the average estimate for next quarter’s earnings has risen from a profit of $0.35 to a profit $0.36. For the current year, the average estimate has moved up from a profit of $1.40 to a profit of $1.42 over the last ninety days.

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(Company fundamentals provided by Xignite Financials. Email any earnings discrepancies to earnings [at] wallstcheatsheet.com)