---
schema_version: "secwatch.filing_event.v1"
accession: "0001364250-24-000007"
form_type: "8-K"
ticker: "DEI"
cik: "0001364250"
company_name: "Douglas Emmett Inc"
filed_at: "2024-02-06T23:59:59+00:00"
generated_at: "2026-06-06T07:56:24.992713+00:00"
event_type: "earnings"
sentiment: "negative"
materiality_score: 0.75
calibrated_materiality_score: 0.75
confidence: "high"
source: SEC EDGAR
---

# Douglas Emmett reports Q4 net loss of $40.5M; 2024 FFO guidance below 2023 level

## Summary
- Q4 2023 net loss $40.5M ($0.24 per diluted share) vs net income $24.3M a year ago.
- Revenue up 2.0% to $259.3M; FFO down 12.0% to $92.9M ($0.46 per share).
- Full-year 2023 net loss $42.7M ($0.26 per share); FFO $377.3M ($1.86 per share).
- Office leasing 3.2M sq ft in 2023; post-quarter signed 250k sq ft renewal in Beverly Hills.
- 2024 guidance: EPS $0.04-0.10, FFO per share $1.64-1.70, citing tenant move-out and higher interest.

## SEC filing metadata
- accession: 0001364250-24-000007
- form_type: 8-K
- ticker: DEI
- cik: 0001364250
- company_name: Douglas Emmett Inc
- filed_at: 2024-02-06T23:59:59+00:00
- event_type: earnings
- sentiment: negative
- materiality_score: 0.75
- calibrated_materiality_score: 0.75
- confidence: high
- sec_items: 2.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1364250/000136425024000007/0001364250-24-000007-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1364250/000136425024000007/nysedei-20240206.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001364250-24-000007
- JSON: https://secwatch.observer/filing/0001364250-24-000007.json
- Plain text: https://secwatch.observer/filing/0001364250-24-000007.txt

## Key facts
- Earnings Releases
  Douglas Emmett Inc updated its 2024 guidance (initiated).
  - Period: 2024
  - Guidance: initiated
  - Result: guidance update
  source text: We expect our 2024 Net Income Per Common Share - Diluted to be between $0.04 and $0.10, and our FFO per fully diluted share to be between $1.64 and $1.70.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1364250/000136425024000007/0001364250-24-000007-index.htm
- Earnings Releases
  Douglas Emmett Inc reported quarter ended December 31, 2023 results: revenue $259.3 million, net income $40.5 million, EPS $0.24 per diluted share.
  - Period: quarter ended December 31, 2023
  - Revenue: $259.3 million
  - Net income: $40.5 million
  - EPS: $0.24 per diluted share
  - Result: reported results
  source text: of Los Angeles and Honolulu. Quarterly Results: For the quarter ended December 31, 2023 compared to the quarter ended December 31, 2022: • Our revenues increased by 2.0% to $259.3 million, driven partly from higher multifamily revenues and a ground rent reset which resulted in a one-time payment of accumulated back rent of approximately $5.5 million recorded in
  evidence_url: https://www.sec.gov/Archives/edgar/data/1364250/000136425024000007/0001364250-24-000007-index.htm
- Earnings Releases
  Douglas Emmett Inc reported year ended December 31, 2023 results: revenue $1.02 billion, net income $42.7 million, EPS $0.26 per diluted share.
  - Period: year ended December 31, 2023
  - Revenue: $1.02 billion
  - Net income: $42.7 million
  - EPS: $0.26 per diluted share
  - Result: reported results
  source text: NOI growth would have been negative 0.6%. Annual Results: For the year ended December 31, 2023 compared to the year ended December 31, 2022: • Our revenues increased by 2.7% to $1.02 billion. • Our net income attri butable to common stockholders decreased by 144.0% to a net loss of $42.7 million, or a net loss of $0.26 per diluted share. • Our FFO decreased by 10.1%
  evidence_url: https://www.sec.gov/Archives/edgar/data/1364250/000136425024000007/0001364250-24-000007-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.