Highwoods Properties Inc expected to post earnings of 21  cents a share - Earnings Preview

Highwoods Properties

21/10/2023 24:13

* Highwoods Properties Inc  HIW.N   HIW  is expected to show
a
fall in quarterly revenue when it reports  results on October
24. 
    * The Raleigh North Carolina-based  company is expected to
report 
a 0.1% decrease in revenue to $206.884 million from $207 million
a year ago, according to the mean estimate from 5 analysts,
based on Refinitiv data. 
    * ​Refinitiv's mean analyst estimate for Highwoods
Properties Inc
is for earnings of 21 cents per share. 
    * The current average analyst rating on the shares is "buy"
and
the breakdown of recommendations is 3 "strong buy" or "buy," 7
"hold" and no "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 Highwoods
Properties Inc is $25​, above​ its last closing price of $18.44.
​​​

Previous quarterly performance (using preferred earnings measure
in US dollars). ​
 QUARTER       STARMINESM  REFINITIV  ACTUAL    BEAT,   SURPRI
 ENDING        ARTESTIMAT  IBES                 MET,    SE %
               E®          ESTIMATE             MISSED  
 Jun. 30 2023  0.94        0.94       0.94      Met     0.5
 Mar. 31 2023  0.93        0.93       0.98      Beat    5
 Dec. 31 2022  0.96        0.96       0.96      Met     0​
 Sep. 30 2022  0.96        0.96       1.04      Beat    8.2
 ​​Jun.        0.98        0.98       1.00      Beat    2.2
 30 2022                                                
 Mar. 31 2022  0.96        0.96       1.03      Beat    7.1​
 Dec. 31 2021  0.97        0.97       1.06      Beat    8.9
 Sep. 30 2021  0.93        0.93       0.96      Beat    3.4
 This summary was machine generated October 20 at 23:13 GMT.  All
figures in US dollars  unless otherwise stated