Hudson Pacific Properties (HPP) Tops Q2 FFO Estimates

Group 1 - Hudson Pacific Properties (HPP) reported quarterly funds from operations (FFO) of $0.04 per share, exceeding the Zacks Consensus Estimate of $0.03 per share, but down from $0.17 per share a year ago, representing an FFO surprise of +33.33% [1] - The company posted revenues of $190 million for the quarter ended June 2025, missing the Zacks Consensus Estimate by 3.33%, compared to year-ago revenues of $218 million [2] - Hudson Pacific has surpassed consensus FFO estimates three times over the last four quarters, but has only topped consensus revenue estimates once in the same period [2] Group 2 - The stock has underperformed, losing about 20.5% since the beginning of the year, while the S&P 500 has gained 7.6% [3] - The current consensus FFO estimate for the coming quarter is $0.03 on revenues of $199.86 million, and for the current fiscal year, it is $0.17 on revenues of $795.74 million [7] - The Zacks Industry Rank indicates that the REIT and Equity Trust - Other sector is currently in the top 40% of over 250 Zacks industries, suggesting a favorable outlook compared to the bottom 50% [8]