Core Insights - Highwoods Properties reported a revenue of $201.77 million for the quarter ended September 2025, reflecting a decrease of 1.3% year-over-year [1] - The company's EPS was $0.86, significantly higher than $0.14 in the same quarter last year, indicating strong earnings growth [1] - The reported revenue fell short of the Zacks Consensus Estimate of $203.38 million, resulting in a surprise of -0.79% [1] Revenue Breakdown - Lease termination fees, net, were reported at $0.59 million, exceeding the average estimate of $0.53 million, marking a year-over-year increase of 217.9% [4] - Contractual rents, net, totaled $168.46 million, below the estimated $171.79 million, representing a decline of 4.2% compared to the previous year [4] - Other miscellaneous operating revenues were $13.87 million, surpassing the average estimate of $11.3 million, with a year-over-year increase of 36% [4] - Cost recoveries billed under lease arrangements, net, were $14.93 million, lower than the estimated $16.36 million, reflecting an 8% decrease year-over-year [4] - Straight-line rental income, net, was reported at $3.93 million, exceeding the estimate of $3.6 million, with a significant year-over-year increase of 108.4% [4] Stock Performance - Highwoods Properties' shares have returned -5.3% over the past month, contrasting with the Zacks S&P 500 composite's increase of 3.6% [3] - The stock currently holds a Zacks Rank 3 (Hold), suggesting it may perform in line with the broader market in the near term [3]
Highwoods Properties (HIW) Q3 Earnings: How Key Metrics Compare to Wall Street Estimates