Hudson Pacific Properties (HPP) Q3 FFO and Revenues Miss Estimates
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Hudson Pacific Properties (HPP) reported Q3 funds from operations (FFO) of $0.10 per share, missing the Zacks Consensus Estimate of $0.11 per share. This is a decrease from $0.18 per share a year ago.
November 13, 2024 | 12:15 am
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Hudson Pacific Properties reported Q3 FFO of $0.10 per share, missing estimates and showing a decline from last year.
The reported FFO of $0.10 per share is below the expected $0.11, indicating weaker performance. The decline from $0.18 per share last year suggests potential challenges in the company's operations or market conditions, likely leading to a negative short-term impact on the stock price.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100