Douglas Emmett (DEI) Q3 FFO and Revenues Surpass Estimates

Douglas Emmett (DEI) came out with quarterly funds from operations (FFO) of $0.43 per share, beating the Zacks Consensus Estimate of $0.41 per share. This compares to FFO of $0.45 per share a year ago. These figures are adjusted for non-recurring items.This quarterly report represents an FFO surprise of 4.88%. 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 $0.46, delivering a surprise of 6.98%.Over the last four quarte ...