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Stock impact report

Hudson Pacific Updates 2018 Outlook in Connection with Ferry Building Acquisition

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
LOS ANGELES--(BUSINESS WIRE)-- Hudson Pacific Properties, Inc. (NYSE: HPP) today reaffirmed its full-year 2018 FFO guidance of $1.83 to $1.89 per diluted share, excluding specified items. As noted with respect to the previously stated guidance, specified items for full-year 2018 FFO guidance consist of transaction-related expenses of $0.1 million, the write-off of original issuance costs (i.e., deferred financing costs) of $0.4 million associated with the recast of the Company’s unsecured revolving credit facility and 5- and 7-year term loan facilities, and unrealized gains from changes in fair value on non-real estate investments of $0.9 million. The full-year 2018 FFO estimates also reflect management’s view of current and future market conditions, including assumptions with respect to rental rates, occupancy levels and the earnings impact of events referenced in this press release, but otherwi Show less Read more
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