Highwoods Properties Inc expected to post earnings of 29  cents a share - Earnings Preview

Highwoods Properties

21/07/2023 23:25

* Highwoods Properties Inc  HIW.N   HIW  is expected to show
a
rise in quarterly revenue when it reports  results on July 25. 
    * The Raleigh North Carolina-based  company is expected to
report 
a 3.5% increase in revenue to $210.917 million from $203.84
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 29 cents per share. 
    * The current average analyst rating on the shares is "buy"
and
the breakdown of recommendations is 4 "strong buy" or "buy," 6
"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 $26​, above​ its last closing price of $25.49.
​​​

Previous quarterly performance (using preferred earnings measure
in US dollars). ​
 QUARTER       STARMINESM  REFINITIV  ACTUAL    BEAT,   SURPRI
 ENDING        ARTESTIMAT  IBES                 MET,    SE %
               E®          ESTIMATE             MISSED  
 Mar. 31 2023  0.93        0.93       0.98      Beat    5
 Dec. 31 2023  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.        0.96        0.96       1.03      Beat    7.1
 31 2022                                                
 Dec. 31 2021  0.97        0.97       1.06      Beat    8.9​
 Sep. 30 2021  0.93        0.93       0.96      Beat    3.4
 Jun. 30 2021  0.89        0.90       0.93      Beat    3.8
 This summary was machine generated July 21 at 22:25 GMT.  All
figures in US dollars  unless otherwise stated