Highwoods Properties Inc reports results for the quarter ended June 30 - Earnings Summary
Highwoods Properties Inc reports results for the quarter ended June 30 - Earnings Summary
Highwoods Properties Inc HIW.N reported quarterly adjusted earnings of 85 cents per share for the quarter ended June 30, higher than the same quarter last year, when the company reported EPS of 17 cents. The mean expectation of two analysts for the quarter was for earnings of 57 cents per share. Wall Street expected results to range from 14 cents to $1.01 per share.
Revenue rose 7.9% to $216.38 million from a year ago; analysts expected $212.29 million.
Highwoods Properties Inc's reported EPS for the quarter was 85 cents.
The company reported quarterly net income of $93.47 million.
Highwoods Properties Inc shares had risen by 12.2% this quarter and gained 31.1% so far this year.
FORECAST CHANGES
The mean earnings estimate of analysts had fallen by about 1.8% in the last three months.
In the last 30 days, one analyst negatively revised an earnings estimate
RECOMMENDATIONS
The current average analyst rating on the shares is "hold" and the breakdown of recommendations is 2 "strong buy" or "buy," 8 "hold" and no "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 $30.00, about 12.1% below its last closing price of $33.64
This summary was machine generated from LSEG data July 29 at 12:45 a.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 2026 | 0.86 | 0.90 | Beat |
Mar. 31 2026 | 0.83 | 0.84 | Beat |
Dec. 31 2025 | 0.84 | 0.90 | Beat |
Sep. 30 2025 | 0.86 | 0.86 | Met |
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