Hudson Pacific Properties Inc expected to post a loss of 31 cents a share - Earnings Preview

Hudson Pacific Properties

31/10/2023 02:07

* Hudson Pacific Properties Inc  HPP.N   HPP  is expected
to show
a fall in quarterly revenue when it reports  results on November
1. 
    * The Los Angeles California-based  company is expected to
report 
a 9.4% decrease in revenue to $235.841 million from $260.35
million a year ago, according to the mean estimate from 6
analysts, based on Refinitiv data. 
    * ​Refinitiv's mean analyst estimate for Hudson Pacific
Properties
Inc is for a loss of 31 cents per share. 
    * The current average analyst rating on the shares is "hold"
and
the breakdown of recommendations is 4 "strong buy" or "buy," 8
"hold" and 1 "sell" or "strong sell."  
    * The mean earnings estimate of analysts was unchanged in
the last
three months. ​
    * Wall Street's median 12-month price target for Hudson
Pacific
Properties Inc is $6.5​, above​ its last closing price of $4.55.
​​​

Previous quarterly performance (using preferred earnings measure
in US dollars). ​
 QUARTER       STARMINESM  REFINITIV  ACTUAL    BEAT,   SURPRI
 ENDING        ARTESTIMAT  IBES                 MET,    SE %
               E®          ESTIMATE             MISSED  
 Jun. 30 2023  0.25        0.24       0.24      Met     0.9
 Mar. 31 2023  0.41        0.41       0.35      Missed  -13.7
 Dec. 31 2022  0.49        0.50       0.49      Missed  -1.4​
 Sep. 30 2022  0.50        0.50       0.52      Beat    3.4
 ​​Jun.        0.50        0.51       0.51      Met     0.9
 30 2022                                                
 Mar. 31 2022  0.50        0.50       0.50      Met     0​
 Dec. 31 2021  0.49        0.49       0.52      Beat    7.2
 Sep. 30 2021  0.48        0.48       0.50      Beat    4.4
 This summary was machine generated October 31 at 02:06 GMT.  All
figures in US dollars  unless otherwise stated