For the quarter ended June 2024, Douglas Emmett (DEI Quick QuoteDEI - Free Report) reported revenue of $245.78 million, down 3% over the same period last year. EPS came in at $0.46, compared to -$0.04 in the year-ago quarter.

The reported revenue compares to the Zacks Consensus Estimate of $246.45 million, representing a surprise of -0.27%. The company delivered an EPS surprise of +6.98%, with the consensus EPS estimate being $0.43.

While investors closely watch year-over-year changes in headline numbers -- revenue and earnings -- and how they compare to Wall Street expectations to determine their next course of action, some key metrics always provide a better insight into a company's underlying performance.

Since these metrics play a crucial role in driving the top- and bottom-line numbers, comparing them with the year-ago numbers and what analysts estimated about them helps investors better project a stock's price performance.

Here is how Douglas Emmett performed in the just reported quarter in terms of the metrics most widely monitored and projected by Wall Street analysts:

• Revenues- Total office revenues

  : $199.24 million versus $200.81 million estimated by three analysts on average. Compared to the year-ago quarter, this number represents a -3% change.

• Revenues- Multifamily rental- Rental revenues

  : $42.65 million versus $41.89 million estimated by three analysts on average. Compared to the year-ago quarter, this number represents a -3.7% change.

• Revenues- Total multifamily revenues

  : $46.54 million compared to the $45.51 million average estimate based on three analysts. The reported number represents a change of -3% year over year.

• Revenues- Office rental- Parking and other income

  : $28.17 million versus $28.08 million estimated by two analysts on average. Compared to the year-ago quarter, this number represents a +1.9% change.

• Revenues- Office rental- Rental revenues and tenant recoveries

  : $171.07 million versus the two-analyst average estimate of $169.98 million. The reported number represents a year-over-year change of -3.8%.

• Revenues- Multifamily rental- Parking and other income

  : $3.88 million versus $3.78 million estimated by two analysts on average. Compared to the year-ago quarter, this number represents a +5.4% change.

• Net Earnings Per Share (Diluted)

  : $0.06 compared to the $0.03 average estimate based on six analysts.

View all Key Company Metrics for Douglas Emmett here>>>

Shares of Douglas Emmett have returned +11.3% over the past month versus the Zacks S&P 500 composite's -6.5% change. The stock currently has a Zacks Rank #4 (Sell), indicating that it could underperform the broader market in the near term.