Hudson Pacific Properties (HPP) Misses Q1 FFO by 4c
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Hudson Pacific Properties Announces First Quarter 2015 Financial Results
May 7, 2015 4:01 PM EDTLOS ANGELES--(BUSINESS WIRE)-- Hudson Pacific Properties, Inc. (the Company, Hudson, we, us or our) (NYSE: HPP) today announced financial results for the first quarter ended March 31, 2015.
Financial Results
Funds From Operations (FFO) (excluding specified items) for the three months ended March 31, 2015 totaled $18.5 million or $0.23 per diluted share, compared to FFO (excluding specified items) of $17.9 million, or $0.27 per share, a year ago. The specified items for the first quarter of 2015 consisted of acquisition-related expenses of $6.0 million, or $0.08 per diluted share. Specified items for the first quarter of 2014 consisted of costs associated with a one-year consulting... More
