DigitalBridge: Q4 Earnings Snapshot
By AP News
Published - Feb 20, 2024, 07:27 AM ET
Last Updated - Feb 20, 2024, 07:27 AM EST
BOCA RATON, Fla. (AP) — BOCA RATON, Fla. (AP) — DigitalBridge Group, Inc. (DBRG) on Tuesday reported fourth-quarter earnings of $115.3 million.
The Boca Raton, Florida-based company said it had profit of 58 cents per share. Earnings, adjusted for one-time gains and costs, were 10 cents per share.
The results missed Wall Street expectations. The average estimate of three analysts surveyed by Zacks Investment Research was for earnings of 12 cents per share.
The provider of asset management services to NorthStar Realty Finance Corp. posted revenue of $350.3 million in the period.
