The headline numbers for Douglas Emmett (DEI) give insight into how the company performed in the quarter ended March 2025, but it may be worthwhile to compare some of its key metrics to Wall Street estimates and the year-ago actuals.
Douglas Emmett (DEI) came out with quarterly funds from operations (FFO) of $0.40 per share, beating the Zacks Consensus Estimate of $0.39 per share. This compares to FFO of $0.45 per share a year ago.
The agency has threatened to use its powers to combat diversity programs.
The Federal Communications Commission plans to open an investigation into the diversity, equity and inclusion practices at Walt Disney Co. and its ABC network, the agency's chief said on Friday, marking the latest such regulatory probe into a large media company since President Donald Trump returned to the White House.
FCC chair Brendan Carr said he's putting the "finishing touches" on a letter to Disney.
A shareholder proposal seeking for Disney to reconsider participating in the Human Rights Campaign's corporate equality index went up for a vote at the entertainment giant's annual meeting.
A shareholder proposal argued that Disney's involvement in such divisive political issues has alienated segments of the audience, and damaged the company's stock price.
Disney shareholders rejected an anti-DEI proposal on Thursday. A conservative think tank proposed that Disney stop participating in the Corporate Equality Index.
Douglas Emmett is an office REIT with a growing multifamily portfolio focused on California and Hawaii. The REIT's FFO in 2024 was impacted by weak office fundamentals, while the significance of multifamily for NOI increased. The continued office downturn will continue to weigh on FFO in 2025, with expiring interest rate hedges having an outsized effect this year as well.
Kohl's on Friday changed the title of its chief DEI officer and broadened its supplier diversity program in response to President Donald Trump's push to dismantle the practice in the federal government and private sector.
Verizon is awaiting FCC approval for its $9.6 billion purchase of Frontier Communications.
Shareholders of Deere & Co. voted overwhelmingly to reject a proposal seeking to curb the farming-machinery maker's diversity, equity and inclusion plans — the latest sign of investor resistance to conservative efforts to end diversity practices.