Advertisement
Canada markets open in 6 hours 7 minutes
  • S&P/TSX

    21,708.44
    +52.39 (+0.24%)
     
  • S&P 500

    5,011.12
    -11.09 (-0.22%)
     
  • DOW

    37,775.38
    +22.07 (+0.06%)
     
  • CAD/USD

    0.7270
    +0.0006 (+0.09%)
     
  • CRUDE OIL

    83.70
    +0.97 (+1.17%)
     
  • Bitcoin CAD

    88,506.17
    +4,313.35 (+5.12%)
     
  • CMC Crypto 200

    1,336.36
    +23.74 (+1.81%)
     
  • GOLD FUTURES

    2,405.60
    +7.60 (+0.32%)
     
  • RUSSELL 2000

    1,942.96
    -4.99 (-0.26%)
     
  • 10-Yr Bond

    4.6470
    0.0000 (0.00%)
     
  • NASDAQ futures

    17,440.75
    -106.50 (-0.61%)
     
  • VOLATILITY

    18.00
    0.00 (0.00%)
     
  • FTSE

    7,840.39
    -36.66 (-0.47%)
     
  • NIKKEI 225

    37,068.35
    -1,011.35 (-2.66%)
     
  • CAD/EUR

    0.6826
    +0.0005 (+0.07%)
     

Hudson Pacific Properties Full Year 2022 Earnings: EPS Misses Expectations

Hudson Pacific Properties (NYSE:HPP) Full Year 2022 Results

Key Financial Results

  • Revenue: US$1.03b (up 14% from FY 2021).

  • Funds from operations (FFO): US$270.4m (down 7.9% from FY 2021).

  • FFO margin: 26% (down from 33% in FY 2021).

  • FFO per share: US$1.9 (down from US$1.94 in FY 2021).

earnings-and-revenue-growth
earnings-and-revenue-growth

All figures shown in the chart above are for the trailing 12 month (TTM) period

Hudson Pacific Properties EPS Misses Expectations

Revenue was in line with analyst estimates. Earnings per share (EPS) exceeded analyst estimates.

Looking ahead, revenue is forecast to grow 1.2% p.a. on average during the next 3 years, compared to a 6.1% growth forecast for the REITs industry in the US.

ADVERTISEMENT

Performance of the American REITs industry.

The company's shares are down 1.8% from a week ago.

Risk Analysis

Before you take the next step you should know about the 1 warning sign for Hudson Pacific Properties that we have uncovered.

Have feedback on this article? Concerned about the content? Get in touch with us directly. Alternatively, email editorial-team (at) simplywallst.com.

This article by Simply Wall St is general in nature. We provide commentary based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. We aim to bring you long-term focused analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material. Simply Wall St has no position in any stocks mentioned.

Join A Paid User Research Session
You’ll receive a US$30 Amazon Gift card for 1 hour of your time while helping us build better investing tools for the individual investors like yourself. Sign up here