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HIW — Highwoods Properties News Story

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Highwoods Properties Inc reports results for the quarter ended December 31 - Earnings Summary

* Highwoods Properties Inc  HIW.N  reported quarterly
adjusted
earnings of 19 cents​​ per share for the quarter ended December
31, lower than the same quarter last year, when the company
reported EPS of 36 cents.  The mean expectation of
three analysts for the quarter was for earnings of 11 cents per
share. Wall Street expected results to range from 8 cents to 15
cents per share.
    * Revenue fell 0.6% to $205.53 million from a year ago;
analysts
expected $204.04 million. 
    * Highwoods Properties Inc's reported EPS for the quarter
was a
loss of 3 cents​.
    * The company reported a quarterly loss of $3.73 million.
    * Highwoods Properties Inc shares had fallen by 5.5% this
quarter.

FORECAST CHANGES
    * The mean earnings estimate of analysts had fallen by
about 0.6%
in the last three months.​ 
    * In the last 30 days, one analyst negatively revised an
earnings
estimate

RECOMMENDATIONS
    * The current average analyst rating on the shares is "hold"
and
the breakdown of recommendations is 2 "strong buy" or "buy," 6
"hold" and 1 "sell" or "strong sell." 
    * The average consensus recommendation for the commercial
reits
peer group is also "hold"

Wall Street's median 12-month price target for Highwoods
Properties Inc is $32.50 
This summary was machine generated from LSEG data February 12 at
01:14 a.m. UTC. ​All figures in US dollars unless otherwise
stated. (For questions concerning the data in this report,
contact Estimates.Support@lseg.com. For any other questions or
feedback, contact RefinitivNewsSupport@thomsonreuters.com) QUARTER ENDING    ESTIMATE       ACTUAL         BEAT, MET,
                                                 MISSED
 Dec. 31 2024      0.85           0.85           Met
 Sep. 30 2024      0.88           0.90           Beat
 Jun. 30 2024      0.90           0.98           Beat
 Mar. 31 2024      0.89           0.89           Met

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