Hudson Pacific Properties Inc expected to post a loss of 39 cents a share - Earnings Preview

Hudson Pacific Properties

09/02/2024 23:22

* Hudson Pacific Properties Inc  HPP.N   HPP  is expected
to show
a fall in quarterly revenue when it reports  results on February
12 for the period ending December 31 2023
    * The Los Angeles California-based  company is expected to
report
a 17.0% decrease in revenue to $223.934 million from $269.93
million a year ago, according to the mean estimate from 6
analysts, based on LSEG data. (Sales Majority is on
Total.Property revenue basis)
    * ​LSEG's mean analyst estimate for Hudson Pacific
Properties Inc
is for a loss of 39 cents per share. 
    * The current average analyst rating on the shares is "buy"
and
the breakdown of recommendations is 5 "strong buy" or "buy," 7
"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 $10.00​, above​ its last closing price
of $7.69. ​​​

Previous quarterly performance (using preferred earnings measure
in US dollars). ​
 QUARTER       STARMINESM  LSEG IBES  ACTUAL    BEAT,   SURPRI
 ENDING        ARTESTIMAT  ESTIMATE             MET,    SE %
               E®                               MISSED  
 Sep. 30 2023  0.21        0.20       0.18      Missed  -9.8
 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.        0.50        0.50       0.52      Beat    3.4
 30 2022                                                
 Jun. 30 2022  0.50        0.51       0.51      Met     0.9​
 Mar. 31 2022  0.50        0.50       0.50      Met     0
 Dec. 31 2021  0.49        0.49       0.52      Beat    7.2
 This summary was machine generated February 9 at 23:21 GMT.  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)