Douglas Emmett, Inc. (NYSE:DEI) will be discussing 2Q20 financial results with the investment community.on 7th August 2020 at 2:00 PM eastern time.
The company disclosed financial results after close of U.S. markets on Thursday 6th August 2020
Those interested in listening to the conference call live via the Internet can visit www.douglasemmett.com
Quarterly Results
Douglas Emmett, Inc. unwinded income for the second quarter of $ 0.39 per share, from the revenue of $ 207.80 million. The quarterly earnings reduced 17.02 percent while revenues shrunk 9.86 percent compared with the same quarter last year.
Wall street analysts are predicting, DEI to report 2Q20 income of $ 0.09 per share from revenue of $ 236.67 million. The bottom line results beat street analysts by $ 0.3 or 333.33 percent, at the same time, top line results fell short of analysts by $ 28.87 million or 12.2 percent.
Douglas Emmett, Inc. (DEI) is a fully integrated, self-administered and self-managed real estate investment trust (REIT), and one of the largest owners and operators of high-quality office and multifamily properties located in the premier coastal submarkets of Los Angeles and Honolulu. Douglas Emmett focuses on owning and acquiring a substantial share of top-tier office properties and premier multifamily communities in neighborhoods that possess significant supply constraints, high-end executive housing and key lifestyle amenities.
