Highwoods Properties (HIW) reported late Tuesday Q4 funds from operations of $0.85 per diluted share, down from $0.99 a year earlier.
Analysts polled by FactSet expected $0.85.
Revenue for the quarter ended Dec. 31 was $205.5 million, down from $206.9 million a year earlier.
Analysts surveyed by FactSet expected $204 million.
For 2025, the company expects FFO to range from $3.26 to $3.44 per share. Analysts polled by FactSet are expecting $3.41.