DigitalBridge Group Inc reports results for the quarter ended December 31 - Earnings Summary

• DigitalBridge Group Inc DBRG.N reported quarterly adjusted earnings of 11 cents​​ per share for the quarter ended December 31, lower than the same quarter last year, when the company reported EPS of 61 cents. The mean expectation of ten analysts for the quarter was for earnings of 7 cents per share. Wall Street expected results to range from -2 cents to 12 cents per share.

• Revenue fell 81.1% to $66.17 million from a year ago; analysts expected $93.01 million.

• DigitalBridge Group Inc's reported EPS for the quarter was a loss of 12 cents​.

• The company reported a quarterly loss of $19.71 million.

• DigitalBridge Group Inc shares had fallen by 4.7% this quarter.

FORECAST CHANGES

• The mean earnings estimate of analysts had fallen by about 19.8% in the last three months.​

• In the last 30 days, one analyst negatively revised an earnings estimate

RECOMMENDATIONS

• 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 average consensus recommendation for the real estate rental, development & operations peer group is also "buy"

Wall Street's median 12-month price target for DigitalBridge Group Inc is $16.00

This summary was machine generated from LSEG data February 20 at 02:32 p.m. UTC. ​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)