Hudson Pacific Properties (HPP) Reports In-Line Q1 FFO

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Go back to Hudson Pacific Properties (HPP) Reports In-Line Q1 FFO

Hudson Pacific Properties Reports Strong First Quarter 2017 Financial Results

May 4, 2017 9:00 AM EDT

Over 525,000 Square Feet of Leases Executed at 63% GAAP and 42% Cash Rent Spreads

LOS ANGELES--(BUSINESS WIRE)-- Hudson Pacific Properties, Inc. (the Company, or Hudson Pacific) (NYSE: HPP) today announced financial results for the first quarter ended March 31, 2017.

First Quarter Highlights

Net income attributable to common stockholders of $20.5 million, or $0.14 per diluted share, compared to net income of $2.3 million, or $0.03 per diluted share, a year ago; FFO, excluding specified items, of $71.9 million, or $0.48 per diluted share, compared to $63.2 million, or $0.43 per diluted share, a year... More