Douglas Emmett Q4 Earnings Exceed Expectations with Higher Funds from Operations
SANTA MONICA, Calif. - Douglas Emmett Inc. (DEI) reported a robust performance in its fourth quarter, surpassing analysts' estimates for profitability.
Key Metrics:
* Funds from operations (FFO): $77.4 million or $0.38 per share
* Consensus analyst estimate: $0.37 per share
* Revenue: $245 million, slightly below forecasts of $247.1 million
Earnings:
* Net loss: $888,000 or $0.01 per share
Annual Results:
* Annual FFO: $345.5 million
* Annual revenue: $986.5 million
Forward Outlook:
* Full-year FFO guidance: $1.42 to $1.48 per share