DigitalBridge Group Inc <DBRG.N> expected to post earnings of 7 cents a share - Earnings Preview
DigitalBridge Group Inc DBRG.N, DBRG.K is expected to show a fall in quarterly revenue when it reports results on February 20 for the period ending December 31 2024
The Boca Raton Florida-based company is expected to report a 73.4% decrease in revenue to $93.012 million from $350.31 million a year ago, according to the mean estimate from 10 analysts, based on LSEG data.
LSEG's mean analyst estimate for DigitalBridge Group Inc is for earnings of 7 cents per share.
The current average analyst rating on the shares is "buy" and the breakdown of recommendations is 9 "strong buy" or "buy," 1 "hold" and no "sell" or "strong sell."
The mean earnings estimate of analysts was unchanged in the last three months.
Wall Street's median 12-month price target for DigitalBridge Group Inc is $16.00, above its last closing price of $10.18.
Previous quarterly performance (using preferred earnings measure in US dollars).
QUARTER ENDING | STARMINESMARTESTIMATE® | LSEG IBES ESTIMATE | ACTUAL | BEAT, MET, MISSED | SURPRISE % |
Sep. 30 2024 | 0.14 | 0.15 | 0.06 | Missed | -59.7 |
Jun. 30 2024 | 0.12 | 0.12 | 0.11 | Missed | -4.9 |
Mar. 31 2024 | -0.07 | -0.07 | -0.28 | Missed | -300 |
Dec. 31 2023 | -0.17 | -0.15 | 0.61 | Beat | 506.7 |
Sep. 30 2023 | -0.23 | -0.13 | 1.39 | Beat | 1,197.3 |
Jun. 30 2023 | -0.24 | -0.25 | -0.14 | Beat | 43.4 |
Mar. 31 2023 | -0.20 | -0.12 | -1.34 | Missed | -990.7 |
Dec. 31 2022 | -0.38 | -0.33 | -0.12 | Beat | 63.8 |
This summary was machine generated February 18 at 13:52 GMT. All figures in US dollars unless otherwise stated. (For questions concerning the data in this report, contact Estimates.Support@lseg.com. For any other questions or feedback, contact RefinitivNewsSupport@thomsonreuters.com)
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