Highwoods Properties Inc expected to post earnings of 23  cents a share - Earnings Preview

Highwoods Properties

21/04/2023 23:36

* Highwoods Properties Inc  HIW.N   HIW  is expected to show
a
rise in quarterly revenue when it reports  results on April 25. 
    * The Raleigh North Carolina-based  company is expected to
report 
a 3.7% increase in revenue to $214.07 million from $206.38
million a year ago, according to the mean estimate from 7
analysts, based on Refinitiv data. 
    * ​Refinitiv's mean analyst estimate for Highwoods
Properties Inc
is for earnings of 23 cents per share. 
    * The current average analyst rating on the shares is "buy"
and
the breakdown of recommendations is 4 "strong buy" or "buy," 7
"hold" and no "sell" or "strong sell."  
    * The mean earnings estimate of analysts had fallen by
about 0.1%
in the last three months. ​
    * Wall Street's median 12-month price target for Highwoods
Properties Inc is $26.5​, above​ its last closing price
of $22.84. ​​​

Previous quarterly performance (using preferred earnings measure
in US dollars). ​
 QUARTER       STARMINESM  REFINITIV  ACTUAL    BEAT,   SURPRI
 ENDING        ARTESTIMAT  IBES                 MET,    SE %
               E®          ESTIMATE             MISSED  
 Dec. 31 2022  0.96        0.96       0.96      Met     0
 Sep. 30 2022  0.96        0.96       1.04      Beat    8.2
 Jun. 30 2022  0.98        0.98       1.00      Beat    2.2​
 Mar. 31 2022  0.96        0.96       1.03      Beat    7.1
 ​​Dec.        0.97        0.97       1.06      Beat    8.9
 31 2021                                                
 Sep. 30 2021  0.93        0.93       0.96      Beat    3.4​
 Jun. 30 2021  0.89        0.90       0.93      Beat    3.8
 Mar. 31 2021  0.86        0.87       0.91      Beat    4.9
 This summary was machine generated April 21 at 22:36 GMT.  All
figures in US dollars  unless otherwise stated