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

Highwoods Properties

07/02/2023 22:45

* Highwoods Properties Inc  HIW.N  reported quarterly
adjusted
earnings of 26 cents​​ per share for the quarter ended in
December. The mean expectation of three analysts for the quarter
was for earnings of 27 cents per share.
    * Revenue rose 4.2% to $211.71 million from a year ago;
analysts
expected $210.32 million. 
    * Highwoods Properties Inc's reported EPS for the quarter
was 26
cents​.
    * The mean earnings estimate of analysts had risen by
about 0.3%
in the last three months.​ 
    * In the last 30 days one analyst negatively revised an
earnings
estimate 
    * Highwoods Properties Inc shares had risen by 7.2% this
quarter.
    * The company reported quarterly net income of $27.55
million.
    * Wall Street's median 12-month price target for Highwoods
Properties Inc is $31.00 
    * The current average analyst rating on the shares is "buy"
and
the breakdown of recommendations is 5 "strong buy" or "buy," 6
"hold" and no "sell" or "strong sell." 

This summary was machine generated from Refinitiv data February
7 at 10:45 p.m.  ​All figures in US dollars unless otherwise
stated. QUARTER ENDING    ESTIMATE       ACTUAL         BEAT, MET,
                                                 MISSED
 Dec. 31 2022      0.96           0.96           Met
 Sep. 30 2022      0.96           1.04           Beat
 Jun. 30 2022      0.98           1.00           Beat
 Mar. 31 2022      0.96           1.03           Beat