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Stock impact report

Hudson Pacific Properties Reports Fourth Quarter and Full Year 2018 Financial Results

Hudson Pacific Properties, Inc. (HPP) 
Last hudson pacific properties, inc. earnings: 2/20 06:00 am Check Earnings Report
US:NYSE Investor Relations: hudsonpacificproperties.com
Company Research Source: Business Wire
Fourth Quarter Net Income of $0.10 per Diluted ShareFourth Quarter FFO of $0.49 per Diluted Share (Excluding Specified Items)Signed 807,000 square feet of leases, bringing in-service office portfolio to 93.0% leasedAchieved GAAP and cash rent growth of 36.1% and 20.1%, respectivelyRenewed Technicolor for entirety of 115,000-square-foot 6040 Sunset in Hollywood through 2032Grew same-store office and studio cash NOI by 7.2% and 16.4%, respectively Full Year Net Income of $0.63 per Diluted ShareFull Year FFO of $1.86 per Diluted Share (Excluding Specified Items)Signed record 3.4 million square feet of leases with 29.5% GAAP and 15.7% cash rent growth Provided 2019 FFO Outlook of $1.95 to $2.03 per Diluted Share (Excluding Specified Items)Guidance midpoint represents 7% year-over-year FFO growth for 2019Same-store cash NOI growth of 2.5%-3.5% for office properties, 3.5%-4.5% for studio pr Show less Read more
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