earnings
confidence high
sentiment negative
materiality 0.73
Douglas Emmett reports Q3 2025 net loss of $11M; FFO falls to $0.34 per share; guidance narrowed
Douglas Emmett Inc
2025-Q3 EPS reported
$0.13
revenue$754,549,000
- Revenue flat at $251M, net loss of $11M vs income of $5M in prior year quarter.
- FFO per diluted share $0.34 (down from $0.43); AFFO $52M vs $69M a year ago.
- Same Property Cash NOI rose $5M to $150M; multifamily segment at 98.8% leased.
- Office leasing in In-Service Portfolio at 840K sq ft (199K new) was 'well below expectations'; cash rents on new leases fell 11.4%.
- Completed $200M office loan refinancing and $941.5M residential loan restructuring; no maturities remaining in 2025.