Hudson Pacific: 1Q Earnings Snapshot [FOX News]
Hudson Pacific Properties, Inc. (HPP)
Last hudson pacific properties, inc. earnings: 2/20 06:00 am
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hudsonpacificproperties.com
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Source: FOX News
LOS ANGELES – LOS ANGELES (AP) _ Hudson Pacific Properties Inc. (HPP) on Thursday reported a key measure of profitability in its first quarter. The results fell short of Wall Street expectations. The Los Angeles-based real estate investment trust said it had funds from operations of $70 million, or 45 cents per share, in the period. The average estimate of six analysts surveyed by Zacks Investment Research was for funds from operations of 46 cents per share. Funds from operations is a closely watched measure in the REIT industry. It takes net income and adds back items such as depreciation and amortization. The company said it had net income of $48.6 million, or 31 cents per share. The real estate investment trust posted revenue of $174.1 million in the period, topping Street forecasts. Three analysts surveyed by Zacks expected $173.9 million. Hudson Pacific expects full-year funds from operations in the range of $1.87 to $1.95 per share. The com
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HPP
News
- Hudson Pacific Properties Announces Dates for First Quarter Earnings Release and Conference Call [Yahoo! Finance]Yahoo! Finance
- Hudson Pacific Properties Announces Dates for First Quarter Earnings Release and Conference CallBusiness Wire
- Hudson Pacific Properties: The Dividend Is Back [Seeking Alpha]Seeking Alpha
- Hudson Pacific Properties, Inc. (NYSE: HPP) had its price target lowered by analysts at Piper Sandler from $11.00 to $9.00. They now have an "overweight" rating on the stock.MarketBeat
- Hudson Pacific Properties, Inc. (NYSE: HPP) had its price target lowered by analysts at Morgan Stanley from $8.00 to $7.00. They now have an "equal weight" rating on the stock.MarketBeat
HPP
Earnings
- 2/12/24 - Miss
HPP
Sec Filings
- 3/28/24 - Form DEF
- 3/28/24 - Form ARS
- 3/5/24 - Form 4
- HPP's page on the SEC website