Hudson Pacific Properties (HPP) Reports In-Line Q2 EPS, Revenues Beat; Lowers FY18 FFO Outlook
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Hudson Pacific Properties Reports Second Quarter 2018 Financial Results
August 1, 2018 9:00 AM EDT804,000 Square Feet of Leases Executed with 23% GAAP and 17% Cash Rent Growth
LOS ANGELES--(BUSINESS WIRE)-- Hudson Pacific Properties, Inc. (the Company, or Hudson Pacific) (NYSE: HPP) today announced financial results for the second quarter ended June 30, 2018.
Second Quarter Highlights
Net income attributable to common stockholders of $16.2 million, or $0.10 per diluted share, compared to net income of $3.6 million, or $0.02 per diluted share, a year ago; Funds From Operations (FFO), excluding specified items, of $71.6 million, or $0.46 per diluted share, compared to $75.3 million, or $0.48 per... More