Highwoods Properties Inc expected to post earnings of 34  cents a share - Earnings Preview

Highwoods Properties

23/04/2022 01:30

* Highwoods Properties Inc  HIW.N   HIW  is expected to show
a
rise in quarterly revenue when it reports  results on April 26. 
    * The Raleigh North Carolina-based  company is expected to
report 
a 10.6% increase in revenue to $203.37 million from $183.81
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 34 cents per share. For the same quarter last
year, the company reported earnings of 52 cents per share.
    * The current average analyst rating on the shares is "buy"
and
the breakdown of recommendations is 7 "strong buy" or "buy," 3
"hold" and no "sell" or "strong sell."  
    * The mean earnings estimate of analysts had risen by
about 1.4%
in the last three months. ​
    * Wall Street's median 12-month price target for Highwoods
Properties Inc is $51​, above​ its last closing price of $43.89.
​​​
    * 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 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​
 Mar. 31 2021  0.86        0.87       0.91      Beat    4.9
 ​​Dec.        0.89        0.89       0.87      Missed  -1.8
 31 2020                                                
 Sep. 30 2020  0.88        0.88       0.86      Missed  -2.3​
 Jun. 30 2020  0.89        0.89       0.93      Beat    4.7
 Mar. 31 2020  0.88        0.89       0.93      Beat    4.9
 This summary was machine generated April 23 at 00:30 GMT.  All
figures in US dollars  unless otherwise stated