DigitalBridge Gr Q4 Sales $350.31M Beat $296.53M Estimate, Distributable EPS $0.10
Portfolio Pulse from Benzinga Newsdesk
DigitalBridge Gr (NYSE:DBRG) reported Q4 sales of $350.31M, surpassing the $296.53M estimate, marking an 18.14% beat and a 16.35% increase from last year's $301.08M. Distributable EPS was $0.10.
February 20, 2024 | 11:34 am
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DigitalBridge Gr reported Q4 sales of $350.31M, beating estimates by 18.14%, with a 16.35% YOY increase. Distributable EPS was $0.10.
The significant beat on both sales estimates and the year-over-year growth indicates strong performance and operational efficiency. This positive earnings report is likely to instill investor confidence, potentially leading to a short-term uptick in DBRG's stock price.
CONFIDENCE 95
IMPORTANCE 90
RELEVANCE 100