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Compared to Estimates, Hudson Pacific (HPP) Q3 Earnings: A Look at Key Metrics
ZACKS· 2025-11-05 17:01
Core Insights - Hudson Pacific Properties (HPP) reported a revenue of $186.62 million for the quarter ended September 2025, which is a decrease of 6.9% compared to the same period last year [1] - The earnings per share (EPS) for the quarter was $0.04, a significant improvement from -$0.69 in the year-ago quarter, indicating a 100% surprise against the consensus estimate of $0.02 [1] Revenue Breakdown - Office Rental revenues were $148.29 million, falling short of the average estimate of $151.05 million, representing a year-over-year decline of 9% [4] - Office Service and other revenues reached $6.29 million, exceeding the average estimate of $4.65 million, marking a year-over-year increase of 55.9% [4] - Total Studio revenues were $32.04 million, below the average estimate of $34.32 million, reflecting a decrease of 4.2% year over year [4] - Studio Service and other revenues were $18.47 million, compared to the estimated $21.85 million, showing a decline of 6.4% from the previous year [4] - Total Office revenues amounted to $154.58 million, slightly below the average estimate of $155.7 million, with a year-over-year decrease of 7.4% [4] - Studio Rental revenues were reported at $13.57 million, surpassing the average estimate of $12.48 million, with a year-over-year change of -1.1% [4] Stock Performance - Over the past month, Hudson Pacific shares have returned -16.7%, contrasting with the Zacks S&P 500 composite's increase of +1% [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]
Hudson Pacific (HPP) Q2 Earnings: How Key Metrics Compare to Wall Street Estimates
ZACKS· 2025-08-06 01:01
Core Insights - Hudson Pacific Properties (HPP) reported a revenue of $190 million for Q2 2025, reflecting a year-over-year decline of 12.8% and an EPS of $0.04, compared to -$0.33 a year ago [1] - The revenue fell short of the Zacks Consensus Estimate of $196.56 million by 3.33%, while the EPS exceeded the consensus estimate of $0.03 by 33.33% [1] Financial Performance Metrics - Office Rental revenues were $150.53 million, below the estimated $153.89 million, marking a 12.8% decline year-over-year [4] - Office Service and other revenues were reported at $5.3 million, slightly below the $5.41 million estimate, showing a significant year-over-year increase of 53.9% [4] - Total Studio revenues were $34.17 million, under the estimated $38.87 million, representing an 18.6% decline year-over-year [4] - Studio Service and other revenues were $20.28 million, compared to the $25.67 million estimate, indicating a year-over-year decrease of 26.3% [4] - Total Office revenues were $155.83 million, below the estimated $159.3 million, reflecting an 11.5% decline year-over-year [4] - Studio Rental revenues were $13.89 million, slightly above the estimated $13.2 million, showing a year-over-year decline of 3.8% [4] - The diluted net earnings per share were reported at -$0.41, compared to the average estimate of -$0.24 from three analysts [4] Stock Performance - Shares of Hudson Pacific have decreased by 10.7% over the past month, contrasting with a 1% increase in the Zacks S&P 500 composite [3] - The stock currently holds a Zacks Rank 4 (Sell), suggesting potential underperformance relative to the broader market in the near term [3]