Douglas Emmett Q1 FFO $0.50 Up From $0.44 YoY, Sales $238.90M Miss $240.73M Estimate

Douglas Emmett (NYSE: DEI) reported quarterly earnings of $0.50 per share. This is a 13.64 percent increase over earnings of $0.44 per share from the same period last year. The company reported quarterly sales of $238.90 million which missed the analyst consensus estimate of $240.73 million by 0.76 percent. This is a 10.45 percent increase over sales of $216.29 million the same period last year.