Highwoods Properties (HIW) Q1 FFO Beat Estimates

分组1 - Highwoods Properties reported quarterly funds from operations (FFO) of $0.83 per share, exceeding the Zacks Consensus Estimate of$0.82 per share, but down from $0.89 per share a year ago, representing an FFO surprise of 1.22$200.38 million for the quarter ended March 2025, missing the Zacks Consensus Estimate by 1.92%, compared to year-ago revenues of $211.28 million [2] - Highwoods Properties has surpassed consensus FFO estimates three times over the last four quarters, while it has topped consensus revenue estimates only once in the same period [2] 分组2 - The stock has underperformed the market, losing about 7.1% since the beginning of the year, compared to the S&P 500's decline of 6% [3] - The current consensus FFO estimate for the coming quarter is $0.85 on revenues of$204.19 million, and for the current fiscal year, it is $3.35 on revenues of$828.53 million [7] - The Zacks Industry Rank for REIT and Equity Trust - Other is currently in the bottom 38% of over 250 Zacks industries, indicating potential challenges for the sector [8]