Douglas Emmett

Douglas Emmett posted Q2 revenue of $256.55 million (expectation $252.99 million) with adjusted EPS of -$0.02, in line with estimates. FFO per share remained steady at $0.37, AFFO rose to $56 million; however, same-property cash NOI declined by 1.2%. The company signed office leases for 960,000 square feet, refinanced over $800 million at fixed rates, thereby reducing short-term refinancing risk. For 2026 Douglas Emmett expects diluted net income per share of -$0.20 to -$0.16 and FFO of $1.39 to $1.43; the stock fell and last traded at $11.73. » More on de.investing.com

Scotiabank analyst Nicholas Yulico maintained a Sector Perform rating on Douglas Emmett and raised the price target to $12 from $11.50, citing a strong start to NYC office leasing and solid tenant demand. Douglas Emmett reported Q1 revenue of $251 million (vs. $252 million a year ago), a net loss of $2 million (vs. $40 million) and FFO per share of $0.37 (down from $0.40); leasing signed 461,000 sq ft and absorption remained positive. For 2026 the company expects net loss per share of $0.20 to $0.14 and FFO per diluted share of $1.39 to $1.45. » More on finance.yahoo.com

Douglas Emmett beat earnings expectations in Q1 2026 with adjusted FFO of $0.37 per share and EPS of -$0.02, while revenue of $250.96 million came in slightly below expectations. Record leasing activity, operational efficiency and high market shares in premium submarkets of Los Angeles and Honolulu contributed to the positive surprise. Management keeps the dividend at $0.76 annualized and expects diluted FFO per share for 2026 of $1.39–1.45, but foresees a net loss due to higher interest costs. Key risks remain rising interest expenses, regional concentration and integration efforts related to acquisitions. » More on de.investing.com