Highwoods Properties Inc reports results for the quarter ended June 30 - Earnings Summary

Highwoods Properties

29/07/2025 22:01

Highwoods Properties Inc HIW.N reported quarterly adjusted earnings of 17 cents​​ per share for the quarter ended June 30, lower than the same quarter last year, when the company reported EPS of 59 cents.  The mean expectation of four analysts for the quarter was for earnings of 18 cents per share. Wall Street expected results to range from 16 cents to 21 cents per share.

Revenue fell 2% to $200.60 million from a year ago; analysts expected $203.41 million.

Highwoods Properties Inc's reported EPS for the quarter was 17 cents​.

The company reported quarterly net income of $18.27 million.

Highwoods Properties Inc shares had fallen by 4.4% this quarter and lost 2.8% so far this year.

FORECAST CHANGES

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 negative revisions of earnings estimates

RECOMMENDATIONS

The current average analyst rating on the shares is "hold" and the breakdown of recommendations is 3 "strong buy" or "buy," 6 "hold" and 1 "sell" or "strong sell." The average consensus recommendation for the commercial reits peer group is  "buy."

Wall Street's median 12-month price target for Highwoods Properties Inc is $31.00, about 4.1% above its last closing price of $29.73

This summary was machine generated from LSEG data July 29 at 09:01 p.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
Jun. 30 2025
0.85
0.89
Beat
Mar. 31 2025
0.81
0.83
Beat
Dec. 31 2024
0.85
0.85
Met
Sep. 30 2024
0.88
0.90
Beat