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.
Could Peloton Be Moving Away From DEI?
In a post two months ago (“The Ultimate Example Of DEI“) I pointed out what appeared to be an extraordinary example of Diversity, Equity, and Inclusion at Peloton Interactive, Inc. PTON.
Harley-Davidson cuts revenue forecast on inflation, DEI backlash
Harley-Davidson lowered its revenue forecast for 2024 as stubborn inflation, high interest rates and consumer blowback from a DEI controversy impacted the motorcycle maker's sales.
Harley-Davidson slashes forecast as sales slammed by DEI boycott, inflation
The name brand bikemaker has seen sales slump amid rising uncertainty about the economy and policies. A conservative-led boycott against the company's DEI policies only added to Harley-Davidson's sales woes.
Douglas Emmett: Attractively Valued Before Fed Policy Normalization (Rating Upgrade)
Douglas Emmett is an office REIT with 20% multifamily exposure exclusively focused on California and Hawaii. Performance so far in 2024 has been in line with the Vanguard Real Estate Index Fund ETF with the shares delivering a circa 12.7% total return. I expect the REIT to outperform going forward thanks to a 9.5x FFO multiple and a market-implied cap rate between 7% and 8.9% depending on the cash flow measure used.
Molson Coors pumps the brakes on DEI practices
Molson Coors plans to cut supplier diversity quotas and DEI-based training programs, and sever ties with the LGBTQ+ advocacy group Human Rights' Campaigns' Corporate Equality Index. The brewer's decision comes after a wave of retailers over the summer took a step back in their DEI efforts.
Molson Coors pulls back from DEI, saying earlier programs have been ‘completed'
Molson Coors Beverage Co. has became the latest to say it was backing away from some of its diversity, equity and inclusion policies, after a handful of well-known companies announced similar retreats last week.
Jack Daniel's maker scraps DEI policies after threat of ‘anti-woke' boycott
Jack Daniel's maker Brown-Forman Corp. is just the latest major company to reverse its DEI programs after pushback on social media.
Companies from Harley-Davidson to John Deere are backing down on DEI
Harley-Davidson is pulling back its DEI programs, following backlash from a conservative activist. Robby Starbuck has led social media campaigns against companies for their DEI practices.
Harley-Davidson bails on DEI, following activist pressure
Harley-Davidson Inc. on Monday became the latest company to make changes to its diversity and inclusion efforts following pressure from activists.
Douglas Emmett, Inc. (DEI) Q2 2024 Earnings Call Transcript
Douglas Emmett, Inc. (NYSE:DEI ) Q2 2024 Earnings Conference Call August 9, 2024 2:00 PM ET Company Participants Stuart McElhinney - Vice President of Investor Relations Jordan Kaplan - President and Chief Executive Officer Kevin Crummy - Chief Investment Officer Peter Seymour - Chief Financial Officer Conference Call Participants Blaine Heck - Wells Fargo Alexander Goldfarb - Piper Sandler Michael Griffin - Citi Steve Sakwa - Evercore ISI John Kim - BMO Capital Markets Upal Rana - KeyBanc Capital Markets Peter Abramowitz - Jefferies Camille Bonnel - Bank of America Richard Anderson - Wedbush Operator Ladies and gentlemen, thank you for standing by. Welcome to Douglas Emmett's Quarterly Conference Call.
Douglas Emmett (DEI) Q2 Earnings: How Key Metrics Compare to Wall Street Estimates
While the top- and bottom-line numbers for Douglas Emmett (DEI) give a sense of how the business performed in the quarter ended June 2024, it could be worth looking at how some of its key metrics compare to Wall Street estimates and year-ago values.
