Hudson Pacific Properties (HPP) Tops Q2 FFO by 6c

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Hudson Pacific Properties Announces Second Quarter 2015 Financial Results

August 6, 2015 4:02 PM EDT

LOS ANGELES--(BUSINESS WIRE)-- Hudson Pacific Properties, Inc. (the Company, or Hudson) (NYSE: HPP) today announced financial results for the second quarter ended June 30, 2015.

Financial Results

Funds From Operations (FFO) (excluding specified items) for the three months ended June 30, 2015 totaled $68.4 million or $0.47 per diluted share, compared to FFO (excluding specified items) of $19.8 million, or $0.28 per share, a year ago. The specified items for the second quarter of 2015 consisted of acquisition-related expenses of $37.5 million, or $0.26 per diluted share. Specified items for the second quarter of 2014 consisted of costs associated with a one-year consulting... More