Douglas Emmett (NYSE:DEI) issued an update on its FY18 earnings guidance on Tuesday morning. The company provided earnings per share guidance of $1.97-2.03 for the period, compared to the Thomson Reuters consensus earnings per share estimate of $1.99.
Shares of Douglas Emmett (NYSE DEI) opened at $36.13 on Thursday. The firm has a market cap of $6,160.55, a price-to-earnings ratio of 19.03, a price-to-earnings-growth ratio of 2.81 and a beta of 0.64. Douglas Emmett has a twelve month low of $34.72 and a twelve month high of $41.59.
Douglas Emmett (NYSE:DEI) last issued its earnings results on Tuesday, February 13th. The real estate investment trust reported $0.17 earnings per share for the quarter, missing the Zacks’ consensus estimate of $0.18 by ($0.01). The business had revenue of $209.19 million for the quarter, compared to analyst estimates of $202.00 million. Douglas Emmett had a return on equity of 2.80% and a net margin of 12.36%. research analysts anticipate that Douglas Emmett will post 2 EPS for the current fiscal year.
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About Douglas Emmett
Douglas Emmett, Inc is a self-administered and self-managed real estate investment trust (REIT). The Company is owner and operator of office and multifamily properties located in submarkets in Los Angeles and Honolulu. The Company operates through two segments: the acquisition, development, ownership and management of office real estate (Office Segment), and the acquisition, development, ownership and management of multifamily real estate (Multifamily Segment).
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