Hudson Pacific Properties (HPP) said Friday that it now expects Q4 funds from operations of $0.15 to $0.25 per diluted share, compared with its previous outlook of $0.01 to $0.05.
Analysts polled by FactSet expect $0.23.
The company said the updated outlook reflects its 1-for-7 reverse stock split and the sale of its Element LA office campus.
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