Hudson Pacific Properties Inc expected to post a loss of 25 cents a share - Earnings Preview

Hudson Pacific Properties

29/07/2023 01:05

* Hudson Pacific Properties Inc  HPP.N   HPP  is expected
to show
a fall in quarterly revenue when it reports  results on August
1. 
    * The Los Angeles California-based  company is expected to
report 
a 6.7% decrease in revenue to $234.511 million from $251.43
million a year ago, according to the mean estimate from 4
analysts, based on Refinitiv data. 
    * ​Refinitiv's mean analyst estimate for Hudson Pacific
Properties
Inc is for a loss of 25 cents per share. 
    * The current average analyst rating on the shares is "hold"
and
the breakdown of recommendations is no "strong buy" or "buy," 10
"hold" and 2 "sell" or "strong sell."  
    * The mean earnings estimate of analysts had fallen by
about 2.4%
in the last three months. ​
    * Wall Street's median 12-month price target for Hudson
Pacific
Properties Inc is $5​, below​ its last closing price of $5.82.
​​​

Previous quarterly performance (using preferred earnings measure
in US dollars). ​
 QUARTER       STARMINESM  REFINITIV  ACTUAL    BEAT,   SURPRI
 ENDING        ARTESTIMAT  IBES                 MET,    SE %
               E®          ESTIMATE             MISSED  
 Mar. 31 2023  0.41        0.41       0.35      Missed  -13.7
 Dec. 31 2023  0.49        0.50       0.49      Missed  -1.4
 Sep. 30 2022  0.50        0.50       0.52      Beat    3.4​
 Jun. 30 2022  0.50        0.51       0.51      Met     0.9
 ​​Mar.        0.50        0.50       0.50      Met     0
 31 2022                                                
 Dec. 31 2021  0.49        0.49       0.52      Beat    7.2​
 Sep. 30 2021  0.48        0.48       0.50      Beat    4.4
 Jun. 30 2021  0.47        0.47       0.49      Beat    4.2
 This summary was machine generated July 29 at 00:05 GMT.  All
figures in US dollars  unless otherwise stated