Earnings Scheduled For February 7, 2023
Companies Reporting Before The Bell
• BP (NYSE:BP) is likely to report quarterly earnings at $1.67 per share on revenue of $53.79 billion.
Jefferies Downgrades Douglas Emmett to Underperform, Lowers Price Target to $13
Jefferies analyst Peter Abramowitz downgrades Douglas Emmett (NYSE:DEI) from Hold to Underperform and lowers the price target from $17 to $13.
These 4 REITs May Be At Risk Of A Dividend Cut
Though the majority of publicly-traded real estate investment trusts (REITs) have been recovering over the past two months, the Federal Reserve’s hawkish stance combined with the macroeconomic uncertainties raise questions regarding their latest upswing.
4 More REITs Hit New Yearly Lows
Worries about whether the Federal Reserve might slow the pace of interest rate hikes are taking a toll on a few real estate investment trusts (REITs). These four interest-sensitive REITs dropped to new 52-week lows as the sector continues to suffer from the more-sellers-than-buyers problem.
Stocks That Hit 52-Week Lows On Tuesday
Tuesday's session saw 167 companies set new 52-week lows.