Douglas Emmett (NYSE: DEI) has announced that it will be unveiling its third quarter financial results on Monday 4th November 2024. This announcement is set to occur after market close, allowing investors and analysts to gain valuable insights into the company's performance during the quarter.
Financial analysts on Wall Street are predicting that the firm is about to reveal an estimated $0.01 loss per share for the quarter. Additionally, the company is projected to announce a total revenue of $244.06 million for this period.
The earnings report for the corresponding quarter in the previous year showcased a per-share income of $0.45. This considerable sum was attributed to the company's total revenue, which reached an impressive $255.41 million during that specific quarter.
According to analysts on Wall Street, the company's full-year performance is projected to result in a total revenue of $974.57 million. Additionally, they forecast the earnings per share to hit profit of $0.03 for the fiscal year.
| Period | EPS Actual |
EPS Growth* |
Revenue Actual |
Revenue Growth* |
|---|---|---|---|---|
| Historical Earnings Insight | ||||
| Q2 2024 | $0.46 | -4.2% | 245.78 M | -3.0% |
| Q1 2024 | $0.45 | -4.3% | 244.97 M | -2.9% |
| Q4 2023 | $0.46 | -9.8% | 259.28 M | +2.0% |
| Q3 2023 | $0.45 | -11.8% | 255.41 M | +0.7% |
| Q2 2023 | $0.48 | -5.9% | 253.41 M | +2.6% |
| *Growth on year-over-year basis | ||||
Additionally, The company will host a conference call with investors and analysts on 5th November 2024 at 02:00 PM eastern time to review the Q3 2024 financial results.
Douglas Emmett (DEI) closed Friday's regular trading session at $17.52, indicating a 1.52 percent downfall, with a volume of 1.31 million shares.
