dszc/E+ via Getty Images Introduction Douglas Emmett, Inc. (NYSE:DEI) has performed in line with the Vanguard Real Estate Index Fund ETF Shares (VNQ) so far in 2024, delivering a ~12.7% total return against the ~12.3% gain for the benchmark ETF: ● EGI State Fu ex A -11- es DEI vs VNQ in 2024 (Seeking Alpha) I also covered the shares back in May 2024 with a neutral rating as I liked the REIT's multifamily exposure but was weary of its dominant office portfolio. While office fundamentals remain challenging mu ...

Molson Coors is the latest addition to a growing list of companies reversing their diversity, equity and inclusion policies. In an internal memo sent Wednesday and obtained by CNBC, Molson Coors executives said the company will be getting rid of supplier diversity quotas, adding that they can be "complicated and influenced by factors outside of [the company's] control." But the brewer has said that it will continue to make sure its suppliers are representative of the company's diverse consumer base. "We are ...

The maker of Jack Daniel's whisky said it will pull back on its DEI initiatives, buckling to pressure on social media as an "anti-woke" activist said he was preparing to launch a boycott. Spirits giant Brown-Forman Corp. – with a market capitalization of $21.37 billion – is the latest company to scrap its diversity, equity and inclusion program, following Harley-Davidson, Tractor Supply and John Deere. Major firms who rely heavily on a red state clientele have been caving to boycott pressure from corporate ...

Douglas Emmett, Inc. (NYSE:DEI) Q2 2024 Earnings Conference Call August 9, 2024 2:00 PM ET Company Participants Stuart McElhinney - Vice President of Investor Relations Jordan Kaplan - President and Chief Executive Officer Kevin Crummy - Chief Investment Officer Peter Seymour - Chief Financial Officer Conference Call Participants Blaine Heck - Wells Fargo Alexander Goldfarb - Piper Sandler Michael Griffin - Citi Steve Sakwa - Evercore ISI John Kim - BMO Capital Markets Upal Rana - KeyBanc Capital Markets Pe ...

United States Securities and Exchange Commission Washington, D.C. 20549 FORM 10-Q ☒ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the quarterly period ended June 30, 2024 or ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from _____ to _____ Commission file number: 001-33106 Douglas Emmett, Inc. (Exact name of registrant as specified in its charter) Maryland 20-3073047 (State or other jurisdict ...

For the quarter ended June 2024, Douglas Emmett (DEI) reported revenue of $245.78 million, down 3% over the same period last year. EPS came in at $0.46, compared to -$0.04 in the year-ago quarter. The reported revenue compares to the Zacks Consensus Estimate of $246.45 million, representing a surprise of -0.27%. The company delivered an EPS surprise of +6.98%, with the consensus EPS estimate being $0.43. While investors closely watch year-over-year changes in headline numbers -- revenue and earnings -- and ...

Douglas Emmett (DEI) came out with quarterly funds from operations (FFO) of $0.46 per share, beating the Zacks Consensus Estimate of $0.43 per share. This compares to FFO of $0.48 per share a year ago. These figures are adjusted for non-recurring items. This quarterly report represents an FFO surprise of 6.98%. A quarter ago, it was expected that this real estate investment trust would post FFO of $0.43 per share when it actually produced FFO of $0.45, delivering a surprise of 4.65%. Over the last four quar ...

TT 1 8 0 1 1 :41 SECOND QUARTER 2024 EARNINGS RESULTS & OPERATING INFORMATION Executive Summary We own and operate 18.0 million square feet of Class A office properties and 4,483 apartment units (excluding our residential development pipeline and the vacated Barrington Plaza units) in the premier coastal submarkets of Los Angeles and Honolulu. Quarterly Results: For the quarter ended June 30, 2024 compared to the quarter ended June 30, 2023: • Our revenues decreased by 3.0% to $245.8 million, as higher park ...

Wall Street analysts expect Douglas Emmett (DEI) to post quarterly earnings of $0.43 per share in its upcoming report, which indicates a year-over-year decline of 10.4%. Revenues are expected to be $246.45 million, down 2.8% from the year-ago quarter. The consensus EPS estimate for the quarter has been revised 0.4% lower over the last 30 days to the current level. This reflects how the analysts covering the stock have collectively reevaluated their initial estimates during this timeframe. Prior to a company ...

Tennessee-based Tractor Supply Company, which claims to be the nation's largest rural lifestyle retailer and ranked number 32 in the National Retail Federation's Top 100 retailer list in 2023, just ignited a firestorm of controversy in some circles as it sought to avoid one in others. Tractor Supply reacted post-haste after Robby Starbuck, with some 500,000 followers on X, launched a campaign on June 6 calling for a boycott of Tractor Supply. He and his team determined the company's existing DEI and ESG pol ...