Hudson Pacific Properties Inc reports results for the quarter ended December 31 - Earnings Summary

Hudson Pacific Properties

20/02/2025 22:45

* Hudson Pacific Properties Inc  HPP.N  reported a quarterly
adjusted loss of $1.18​​ per share for the quarter ended
December 31, lower than the same quarter last year, when the
company reported EPS of -3 cents.  The mean expectation of
two analysts for the quarter was for a loss of 43 cents per
share. Wall Street expected results to range from -45 cents
to -42 cents per share.
    * Revenue fell 6.2% to $209.67 million from a year ago;
analysts
expected $207.65 million. 
    * Hudson Pacific Properties Inc's reported EPS for the
quarter was
a loss of $1.18​.
    * The company reported a quarterly loss of $167 million.
    * Hudson Pacific Properties Inc shares had risen by 2.0%
this
quarter.

FORECAST CHANGES
    * The mean earnings estimate of analysts had fallen by
about 2.4%
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 1 "strong buy" or "buy," 9
"hold" and 1 "sell" or "strong sell." 
    * The average consensus recommendation for the commercial
reits
peer group is also "hold"

Wall Street's median 12-month price target for Hudson Pacific
Properties Inc is $3.58 
This summary was machine generated from LSEG data February 20 at
10:44 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
 Dec. 31 2024      0.11           0.11           Met
 Sep. 30 2024      0.12           0.10           Missed
 Jun. 30 2024      0.18           0.17           Missed
 Mar. 31 2024      0.17           0.17           Met