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

Highwoods Properties

26/07/2022 23:28

* Highwoods Properties Inc  HIW.N  reported quarterly
adjusted
earnings of 79 cents​​ per share for the quarter ended in June.
The mean expectation of four analysts for the quarter was
for earnings of 52 cents per share.
    * Revenue rose 9.9% to $203.84 million from a year ago;
analysts
expected $205.18 million. 
    * Highwoods Properties Inc's reported EPS for the quarter
was 48
cents​.
    * The mean earnings estimate of analysts had risen by
about 1.4%
in the last three months.​ 
    * In the last 30 days there have been no earnings estimate
revisions by analysts covering the company. 
    * Highwoods Properties Inc shares had risen by 2.5% this
quarter and lost 21.4% so far this year.
    * The company reported quarterly net income of $50.51
million.
    * Wall Street's median 12-month price target for Highwoods
Properties Inc is $41.00 
    * The current average analyst rating on the shares is "buy"
and
the breakdown of recommendations is 6 "strong buy" or "buy," 5
"hold" and no "sell" or "strong sell." 

This summary was machine generated from Refinitiv data July 26
at 10:28 p.m.  ​All figures in US dollars unless otherwise
stated. QUARTER ENDING    ESTIMATE       ACTUAL         BEAT, MET,
                                                 MISSED
 Jun. 30 2022      0.98           1.00           Beat
 Mar. 31 2022      0.96           1.03           Beat
 Dec. 31 2021      0.97           1.06           Beat
 Sep. 30 2021      0.93           0.96           Beat