Hudson Pacific Properties Inc reports results for the quarter ended September 30 - Earnings Summary

• Hudson Pacific Properties Inc HPP.N reported a quarterly adjusted loss of 43 cents​​ per share for the quarter ended September 30, lower than the same quarter last year, when the company reported EPS of -27 cents. The mean expectation of three analysts for the quarter was for a loss of 38 cents per share. Wall Street expected results to range from -41 cents to -34 cents per share.

• Revenue fell 13.4% to $200.39 million from a year ago; analysts expected $208.40 million.

• Hudson Pacific Properties Inc's reported EPS for the quarter was a loss of 69 cents​.

• The company reported a quarterly loss of $97.92 million.

• Hudson Pacific Properties Inc shares had fallen by 15.5% this quarter and lost 56.6% so far this year.

FORECAST CHANGES

• The mean earnings estimate of analysts had fallen by about 46.2% in the last three months.​

• In the last 30 days, there have been no earnings estimate revisions by analysts covering the company.

RECOMMENDATIONS

• The current average analyst rating on the shares is "hold" and the breakdown of recommendations is 1 "strong buy" or "buy," 10 "hold" and 1 "sell" or "strong sell."

• The average consensus recommendation for the commercial reits peer group is also "hold"

Wall Street's median 12-month price target for Hudson Pacific Properties Inc is $5.00

This summary was machine generated from LSEG data November 13 at 02:24 p.m. UTC. ​All figures in US dollars unless otherwise stated. (For questions concerning the data in this report, contact Estimates.Support@lseg.com. For any other questions or feedback, contact RefinitivNewsSupport@thomsonreuters.com)