secwatch.observer — SEC 8-K summary
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Issuer:     Douglas Emmett Inc (DEI)
CIK:        0001364250
Form:       8-K
Filed at:   2022-11-03T23:59:59+00:00
Accession:  0001364250-22-000034
Event type: earnings
Sentiment:  negative
Materiality: 0.75
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Douglas Emmett Q3 FFO $0.51, rev +6.5%; lowers FY guidance on occupancy, NOI
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- Revenue $253.7M (+6.5% YoY); net income $23.0M ($0.13 diluted EPS); FFO $105.2M ($0.51/share).
- Same property Cash NOI +0.4% to $150.9M; inflation pressured utilities, insurance, third-party costs.
- Signed 199 office leases covering 1.019M sq ft; leased-to-occupied spread remains elevated, delaying occupancy growth.
- FY 2022 guidance narrowed: office occupancy 84-85%, same property NOI growth 3.5-4.5%, FFO $2.03-$2.05.
- Quarterly dividend of $0.28/share paid Oct 18, 2022.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1364250/000136425022000034/0001364250-22-000034-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1364250/000136425022000034/nysedei-20221103.htm
  HTML page:      https://secwatch.observer/filing/0001364250-22-000034

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