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Stock impact report

Douglas Emmett: Q4 Earnings Snapshot [Yahoo! Finance]

Douglas Emmett, Inc. (DEI) 
Last douglas emmett, inc. earnings: 2/11 04:13 pm Check Earnings Report
US:NYSE Investor Relations: ir.douglasemmett.com
Company Research Source: Yahoo! Finance
In This Article DEI SANTA MONICA, Calif. (AP) — SANTA MONICA, Calif. (AP) — Douglas Emmett Inc. (DEI) on Tuesday reported a key measure of profitability in its fourth quarter. The results exceeded Wall Street expectations. The Santa Monica, California-based real estate investment trust said it had funds from operations of $77.4 million, or 38 cents per share, in the period. The average estimate of five analysts surveyed by Zacks Investment Research was for funds from operations of 37 cents per share. Funds from operations is a closely watched measure in the REIT industry. It takes net income and adds back items such as depreciation and amortization. The company said it had a loss of $888,000, or 1 cent per share. The real estate investment trust, based in Santa Monica, California, posted revenue of $245 million in the period, falling short of Street forecasts. Three analysts surveyed by Zacks expected $247.1 million. For the year, the company reported funds from opera Show less Read more
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