DigitalBridge (DBRG) Tops Q3 Earnings Estimates

DigitalBridge (DBRG) came out with quarterly earnings of $0.12 per share, beating the Zacks Consensus Estimate of $0.09 per share. This compares to earnings of $0.06 per share a year ago. These figures are adjusted for non-recurring items.

This quarterly report represents an earnings surprise of +33.33%. A quarter ago, it was expected that this provider of asset management services to NorthStar Realty Finance Corp. would post earnings of $0.09 per share when it actually produced a loss of $0.1, delivering a surprise of -211.11%.