Investing.com - Digitalbridge Group reported on Friday third quarter earnings that beat analysts' forecasts and revenue that topped expectations.
Digitalbridge Group announced earnings per share of $0.220 on revenue of $296.62M. Analysts polled by Investing.com anticipated EPS of $-0.160 on revenue of $295.09M.
Digitalbridge Group shares are down 60.89% from the beginning of the year, still down 61.90% from its 52 week high of $34.20 set on January 3.
Digitalbridge Group follows other major Real Estate sector earnings this month
Digitalbridge Group's report follows an earnings beat by Prologis on October 19, who reported EPS of $1.36 on revenue of $1.75B, compared to forecasts EPS of $1.34 on revenue of $1.2B.
American Tower had beat expectations on October 27 with third quarter EPS of $1.8 on revenue of $2.67B, compared to forecast for EPS of $1.13 on revenue of $2.65B.
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