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

Highwoods Properties

25/10/2022 23:15

* Highwoods Properties Inc  HIW.N  reported quarterly
adjusted
earnings of 36 cents​​ per share for the quarter ended in
September. The mean expectation of four analysts for the quarter
was for earnings of 32 cents per share.
    * Revenue rose 5.9% to $207.00 million from a year ago;
analysts
expected $205.25 million. 
    * Highwoods Properties Inc's reported EPS for the quarter
was 36
cents​.
    * The mean earnings estimate of analysts had fallen by
about 0.6%
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 3.0% this
quarter and lost 41.4% so far this year.
    * The company reported quarterly net income of $38.25
million.
    * Wall Street's median 12-month price target for Highwoods
Properties Inc is $32.00 
    * 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 October
25 at 10:15 p.m.  ​All figures in US dollars unless otherwise
stated. QUARTER ENDING    ESTIMATE       ACTUAL         BEAT, MET,
                                                 MISSED
 Sep. 30 2022      0.96           1.04           Beat
 Jun. 30 2022      0.98           1.00           Beat
 Mar. 31 2022      0.96           1.03           Beat
 Dec. 31 2021      0.97           1.06           Beat