Hudson Pacific Properties Inc expected to post a loss of 38 cents a share - Earnings Preview

Reuters
2024-11-09
<a href="https://laohu8.com/S/HPP">Hudson Pacific Properties</a> Inc <hpp.n> expected to post a loss of 38 cents a share - Earnings Preview </hpp.n>
  • Hudson Pacific Properties Inc HPP.N, HPP is expected to show a fall in quarterly revenue when it reports results on November 12 for the period ending September 30 2024

  • The Los Angeles California-based company is expected to report a 7.2% decrease in revenue to $214.697 million from $231.44 million a year ago, according to the mean estimate from 6 analysts, based on LSEG data. (SAL represents Property Revenue)

  • ​LSEG's mean analyst estimate for Hudson Pacific Properties Inc is for a loss of 38 cents per share.

  • The current average analyst rating on the shares is "hold" and the breakdown of recommendations is 2 "strong buy" or "buy," 9 "hold" and 1 "sell" or "strong sell."

  • The mean earnings estimate of analysts was unchanged in the last three months. ​

  • Wall Street's median 12-month price target for Hudson Pacific Properties Inc is $5.00​, above​ its last closing price of $4.60. ​​​

The company's guidance on August 7 2024 for the period ended September 30 was for Funds Flow from Operations between USD0.08 and USD0.12.

Previous quarterly performance (using preferred earnings measure in US dollars). ​

QUARTER ENDING

STARMINESMARTESTIMATE®

LSEG IBES ESTIMATE

ACTUAL

BEAT, MET, MISSED

SURPRISE %

Jun. 30 2024

0.17

0.18

0.17

Missed

-3.5

Mar. 31 2024

0.17

0.17

0.17

Met

1.6

Dec. 31 2023

0.15

0.15

0.14

Missed

-9.4​

Sep. 30 2023

0.21

0.20

0.18

Missed

-9.8

​​Jun. 30 2023

0.25

0.24

0.24

Met

0.9

Mar. 31 2023

0.41

0.41

0.35

Missed

-13.7​

Dec. 31 2022

0.49

0.50

0.49

Missed

-1.4

Sep. 30 2022

0.50

0.50

0.52

Beat

3.4

This summary was machine generated November 8 at 21:42 GMT. All figures in US dollars unless otherwise stated. (For questions concerning the data in this report, contact Estimates.Support@lseg.com. For any other questions or feedback, contact RefinitivNewsSupport@thomsonreuters.com)

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