Hudson Pacific Properties, Inc.

HPP

US4440971095

Commercial REITs

Market Closed - Nyse Other stock markets 04:00:02 2024-04-26 pm EDT			5-day change	1st Jan Change
5.72 ^USD	+0.70%		-3.54%	-38.56%

Mar. 28	Morgan Stanley Trims Price Target on Hudson Pacific Properties to $6 From $7, Maintains Equalweight Rating	MT
Mar. 22	Piper Sandler Adjusts Price Target on Hudson Pacific Properties to $9 From $11, Maintains Overweight Rating	MT

Hudson Pacific Properties, Inc. Reports Earnings Results for the Fourth Quarter Ended December 31, 2023

February 12, 2024 at 05:00 pm EST

Hudson Pacific Properties, Inc. reported earnings results for the fourth quarter ended December 31, 2023. For the fourth quarter, the company reported sales was USD 204.49 million compared to USD 225.14 million a year ago. Revenue was USD 223.42 million compared to USD 269.93 million a year ago.

Net loss was USD 92.79 million compared to USD 6.48 million a year ago. Basic loss per share from continuing operations was USD 0.7 compared to USD 0.09 a year ago. Diluted loss per share from continuing operations was USD 0.7 compared to USD 0.09 a year ago.

Latest news about Hudson Pacific Properties, Inc.

Morgan Stanley Trims Price Target on Hudson Pacific Properties to $6 From $7, Maintains Equalweight Rating	Mar. 28	MT
Piper Sandler Adjusts Price Target on Hudson Pacific Properties to $9 From $11, Maintains Overweight Rating	Mar. 22	MT
North American Morning Briefing : Stock Futures -2-	Mar. 19	DJ
Sector Update: Financial Stocks Rise Late Afternoon	Mar. 18	MT
Sector Update: Financial	Mar. 18	MT
Hudson Pacific Properties Shares Rise Following Wolfe Upgrade	Mar. 18	MT
Wolfe Research Upgrades Hudson Pacific Properties to Outperform From Peer Perform, Price Target is $8	Mar. 18	MT
Hudson Pacific Properties Reinstates Dividend at $0.05 per Share; Payable March 28 to Holders of Record on March 18	Mar. 08	MT
Hudson Pacific Properties Reinstates Common Stock Quarterly Dividend, Payable on March 28, 2024	Mar. 08	CI
Transcript : Hudson Pacific Properties, Inc. Presents at Citi's 2024 Global Property CEO Conference, Mar-04-2024 11:00 AM	Mar. 04
North American Morning Briefing : Stock Futures -2-	Feb. 21	DJ
Wedbush Downgrades Hudson Pacific Properties to Neutral From Outperform, Says Up Against Elevated Investor Scrutiny With Slim Margin for Error in Near-Term; Adjusts PT to $7.50 From $11	Feb. 20	MT
Sector Update: Financial Stocks Retreating Late Afternoon	Feb. 13	MT
Sector Update: Financial	Feb. 13	MT
Hudson Pacific Properties Shares Decline as Q4 FFO, Revenue Fall	Feb. 13	MT
Transcript : Hudson Pacific Properties, Inc., Q4 2023 Earnings Call, Feb 13, 2024	Feb. 13
Hudson Pacific Properties Q4 FFO, Revenue Decline; Sets Q1, Full-Year 2024 Guidance -- Shares Decline After Hours	Feb. 12	MT
Earnings Flash (HPP) HUDSON PACIFIC PROPERTIES Posts Q4 Revenue $223.4M	Feb. 12	MT
Hudson Pacific Properties, Inc. Reports Earnings Results for the Full Year Ended December 31, 2023	Feb. 12	CI
Hudson Pacific Properties, Inc. Reports Earnings Results for the Fourth Quarter Ended December 31, 2023	Feb. 12	CI
North American Morning Briefing : Stock Futures Steady as Traders Await CPI Data	Feb. 12	DJ
Hudson Pacific Properties, Inc. Announces Board Changes	Jan. 17	CI
Goldman Sachs Adjusts Price Target on Hudson Pacific Properties to $10.60 From $7.10, Maintains Neutral Rating	Jan. 11	MT
Hudson Pacific Properties, Macerich Close $700 Million Sale of Los Angeles Assets	Jan. 03	MT
Sector Update: Financial Stocks Mixed Late Afternoon	Jan. 02	MT

Chart Hudson Pacific Properties, Inc.

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Company Profile

Hudson Pacific Properties, Inc. is a real estate investment trust serving technology and media tenants. The Company acquires, repositions, develops and operates sustainable office and studio properties in high-barrier-to-entry technology and media epicenters. The Company's segments include office segment and studio segment. The Company's portfolio includes office properties, studio properties, land properties and production services assets. Its studio properties comprise of approximately 48 stages, sound stages and production-supporting office, and other facilities. Its land properties comprise of undeveloped density rights for future office, studio and residential space. The Company's production services assets comprise of vehicles, lighting and grip, production supplies and other equipment and the lease rights to an additional approximately 27 sound stages. It owns real estate in California, the Pacific Northwest, Western Canada and Greater London, United Kingdom.

Sector

Commercial REITs

Calendar

2024-04-30 - Q1 2024 Earnings Release

Related indices

Russell 2000

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Ratings for Hudson Pacific Properties, Inc.

Trading Rating

Investor Rating

ESG Refinitiv

A-

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Analysts' Consensus

Sell

Buy

Mean consensus

OUTPERFORM

Number of Analysts

Last Close Price

5.72 USD

Average target price

7.973 USD

Spread / Average Target

+39.39%

Consensus

EPS Revisions

Estimates Revisions

Quarterly earnings - Rate of surprise

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