Highwoods Properties Q4 Earnings Call Highlights

For the fourth quarter, CFO Brendan Maiorana reported net income of $28.7 million, or $0.26 per share, and funds from operations (FFO) of $100.8 million, or $0.90 per share, including $0.06 per share of land sale gains. Full-year 2025 FFO was $3.48 per share; excluding land sale gains, management said full-year FFO was $0.07 per share, or 2%, above the midpoint of the company’s original 2025 outlook.Klinck added that the “convergence of occupancy gains, rental rate growth, and stabilization” of the developm ...