Hudson Pacific Properties (HPP) Q4 FFO and Revenues Beat Estimates

Hudson Pacific Properties (HPP) came out with quarterly funds from operations (FFO) of $0.11 per share, beating the Zacks Consensus Estimate of $0.10 per share. This compares to FFO of $0.14 per share a year ago. These figures are adjusted for non-recurring items.This quarterly report represents an FFO surprise of 10%. A quarter ago, it was expected that this real estate investment trust would post FFO of $0.11 per share when it actually produced FFO of $0.10, delivering a surprise of -9.09%.Over the last f ...