Hudson Pacific Properties Reports Fourth Quarter and Full Year 2020 Financial Results
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Hudson Pacific Properties (HPP) Misses Q4 EPS by 6c, Revenues Beat
February 17, 2021 5:08 PM ESTHudson Pacific Properties (NYSE: HPP) reported Q4 EPS of ($0.05), $0.06 worse than the analyst estimate of $0.01. Revenue for the quarter came in at $203.84 million versus the consensus estimate of $186.79 million.
Fourth Quarter Net Loss of $0.05 per Diluted ShareFourth Quarter FFO of $0.44 per Diluted Share (Excluding Specified Items)Signed over 279,000 square feet of office leasesMaintained in-service office portfolio at 93.5% leasedCollected 97% of total rents, including 98% of office and 100% of studio rentsGrew same-store office cash NOI by 4.2%Management Comments & Industry... More
