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AI brief of an SEC Form 8-K · Douglas Emmett (DEI)

Douglas Emmett raises 2024 guidance as Q3 revenue falls 1.8% to $250.8 million

Mixed Impact 4 of 5 earnings Written later

Douglas Emmett reported third-quarter 2024 revenue of $250.8 million, down 1.8% from a year earlier, mainly due to lower office occupancy. Net income attributable to common stockholders rose to $4.6 million, or $0.03 per diluted share, after a loss a year earlier, but FFO fell 3.8% to $86.0 million. The company increased its 2024 guidance, citing its third-quarter results and higher expectations for the fourth quarter.

Key points

  • Q3 2024 revenues: $250.8 million, down 1.8% year over year
  • Net income attributable to common stockholders: $4.6 million, or $0.03 per diluted share, versus a $13.4 million loss in Q3 2023
  • FFO: $86.0 million, or $0.43 per fully diluted share, down 3.8%
  • Raised 2024 guidance: diluted net income per share of $0.10 to $0.14; FFO per fully diluted share of $1.69 to $1.73

The filing

CompanyDouglas Emmett (DEI)
Form8-K, current report
Filed with the SECNov 4, 2024, 4:10 PM ET
Accession number0001364250-24-000044

Items reported: 2.02 Results of Operations

Read the filing on SEC.gov ↗

Written by AI on Nov 8, 2026, 1:55 AM ET, from this filing only. Written later: this filing was briefed after the fact, when past filings were added to the site, so the brief may be read with hindsight; the filing itself is the record of what was known on November 04, 2024.

Briefs are written by AI from the filing text and can contain mistakes — open the filing before acting on anything. Impact (1-5) and tone are the AI's reading of the filing for shareholders, not a price forecast. Not investment advice.