Douglas Emmett (DEI) is scheduled to report 4th quarter earnings on 02/06/2024, after the market closes.
Regarding Q4 estimates, Wall Street analysts expect Douglas Emmett to post earnings of -$0.10 per share. Revenue expectations are pegged at $252.77 million. Last quarter, Douglas Emmett beat earnings estimates, reporting EPS of -$0.08 on estimates of -$0.08. The stock rose by 2.17% the day after the last earnings release.
Year-to-date, DEI stock has fallen by -10.00%.
Is Douglas Emmett Stock a Buy?
Wall Street’s consensus rating for DEI stock is a Hold, with an average analyst price target of $13.83, implying upside potential of 5.98% from current levels.
DEI shares have lost about -5.57% in the past six months.
About Douglas Emmett
Douglas Emmett, Inc. is a real estate investment trust, which engages in the acquisition, development, ownership, and management of real estate properties. It operates through the following segments: Office, and Multifamily. The Office segment comprises rental of office space and other tenant services, including parking and storage space rental. The Multifamily segment includes rental of apartments and other tenant services, including parking and storage space rental. The company was founded on June 28, 2005 and is headquartered in Santa Monica, CA.
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