Douglas Emmett Q2 FFO $0.46 Beats $0.44 Estimate, Sales $245.78M Miss $247.28M Estimate
Portfolio Pulse from Benzinga Newsdesk
Douglas Emmett (NYSE:DEI) reported Q2 FFO of $0.46 per share, beating the analyst estimate of $0.44 but showing a decrease from last year's $0.48. Sales were $245.78M, missing the $247.28M estimate and down from $253.41M last year.
August 08, 2024 | 8:26 pm
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Douglas Emmett reported Q2 FFO of $0.46 per share, beating the analyst estimate of $0.44 but showing a decrease from last year's $0.48. Sales were $245.78M, missing the $247.28M estimate and down from $253.41M last year.
While the FFO beat estimates, the decrease from last year and the sales miss may neutralize the positive impact. Investors may have mixed reactions.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100