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

Highwoods Properties

26/04/2022 23:33

* Highwoods Properties Inc  HIW.N  reported quarterly
adjusted
earnings of 38 cents​​ per share for the quarter ended in March.
The mean expectation of three analysts for the quarter was
for earnings of 34 cents per share.
    * Revenue rose 12.3% to $206.38 million from a year ago; 
analysts
expected $203.37 million. 
    * Highwoods Properties Inc's reported EPS for the quarter
was 38
cents​.
    * The mean earnings estimate of analysts had risen by
about 0.5%
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 fallen by 3.9% this
quarter and lost 1.4% so far this year.
    * The company reported quarterly net income of $40.26
million.
    * Wall Street's median 12-month price target for Highwoods
Properties Inc is $51.00 
    * 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." 

This summary was machine generated April 26 at 10:33 p.m.  ​All
figures in US dollars unless otherwise stated