Highwoods Properties (HIW) Tops Q3 EPS by 7c

Highwoods Properties (NYSE: HIW) reported Q3 EPS of $0.39, $0.07 better than the analyst estimate of $0.32.

• Earned FFO of $0.86 per share, including $0.05 per share from debt extinguishment charges and non-cash straight-line credit losses
• Increased average in-place cash rents 5.2% per square foot year-over-year
• Ended the quarter with occupancy of 90.2%
• Grew year-over-year same property cash NOI 2.2% excluding the impact of temporary rent deferral agreements and 1.3% including the impact of such agreements

For earnings history and earnings-related data on Highwoods Properties (HIW) click here.

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