Hudson Pacific Properties Inc reports results for the quarter ended in March - Earnings Summary

Hudson Pacific Properties

09/05/2023 18:50

* Hudson Pacific Properties Inc  HPP.N  reported a quarterly
adjusted loss of 14 cents​​ per share for the quarter ended in
March. The mean expectation of four analysts for the quarter was
for a loss of 15 cents per share.
    * Revenue rose 3.2% to $252.26 million from a year ago;
analysts
expected $250.28 million. 
    * Hudson Pacific Properties Inc's reported EPS for the
quarter was
a loss of 14 cents​.
    * The mean earnings estimate of analysts had fallen by
about 12.1%
in the last three months.​ 
    * In the last 30 days, two analysts negatively revised
earnings
estimates 
    * Hudson Pacific Properties Inc shares had fallen by 22.3%
this
quarter and lost 46.9% so far this year.
    * The company reported a quarterly loss of $20.43 million.
    * Wall Street's median 12-month price target for Hudson
Pacific
Properties Inc is $7.00 
    * The current average analyst rating on the shares is "hold"
and
the breakdown of recommendations is no "strong buy" or "buy," 11
"hold" and 2 "sell" or "strong sell." 

This summary was machine generated from LSEG Refinitiv data May
9 at 05:50 p.m. UTC. ​All figures in US dollars unless otherwise
stated. QUARTER ENDING    ESTIMATE       ACTUAL         BEAT, MET,
                                                 MISSED
 Mar. 31 2023      0.41           0.35           Missed
 Dec. 31 2022      0.50           0.49           Missed
 Sep. 30 2022      0.50           0.52           Beat
 Jun. 30 2022      0.51           0.51           Met