Douglas Emmett Earnings Preview: Get Ahead of the Analysts
Douglas Emmett (NYSE:DEI) will report earnings after markets close on Tuesday, May 7th. Douglas Emmett, Inc. is a real estate investment trust that invests in office and multifamily properties in Los Angeles County, California and Honolulu, Hawaii.
Here is your Cheat Sheet to Douglas Emmett Earnings:
Earnings Expectations: Analysts expect earnings of $0.35 per share on revenues of $142.91 million.
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 is a profit of $1.42, which is better than the estimate ninety days ago.
Here’s how Douglas Emmett has been performing on an annual basis:
|Revenue ($) in millions||608.09||571.06||570.84||575.34||579.00|
|Diluted EPS ($)||-0.23||-0.22||-0.22||0.01||0.16|
Next, our CHEAT SHEET investing framework asks us to drill down to the recent quarterly data:
|Quarter||Dec. 31, 2011||Mar. 31, 2012||Jun. 30, 2012||Sep. 30, 2012||Dec. 31, 2012|
|Revenue ($) in millions||143.28||143.39||146.47||145.99||143.15|
|Diluted EPS ($)||0.0130||0.04||0.05||0.04||0.0344|
Douglas Emmett has beat analyst estimates 2 times in the past four quarters. This is not consistent enough to get bullish yet.
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(Company fundamentals provided by Xignite Financials. Email any earnings discrepancies to earnings [at] wallstcheatsheet.com)