Published on 2 Nov 2022 on Zacks via Yahoo Finance
Hudson Pacific Properties (HPP) came out with quarterly funds from operations (FFO) of $0.52 per share, beating the Zacks Consensus Estimate of $0.51 per share. This compares to FFO of $0.50 per share a year ago. These figures are adjusted for non-recurring items.
This quarterly report represents an FFO surprise of 1.96%. A quarter ago, it was expected that this real estate investment trust would post FFO of $0.51 per share when it actually produced FFO of $0.51, delivering no surprise.
Over the last four quarters, the company has surpassed consensus FFO estimates two times.