Hudson Pacific Properties (HPP) Misses Q4 EPS by 3c
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Hudson Pacific Properties Reports Fourth Quarter and Full Year 2019 Financial Results
February 20, 2020 6:00 AM EST
Fourth Quarter Net Income of $0.09 per Diluted Share
Fourth Quarter FFO of $0.55 per Diluted Share (Excluding Specified Items)
Signed 435,000 square feet of office leases, bringing in-service office portfolio to 95.1% leased
Achieved GAAP and cash office rent growth of 41.4% and 23.9%, respectively
Grew same-store office cash NOI by 10.0%
Full Year Net Income of $0.28 per Diluted Share
Full Year FFO of $2.03 per Diluted Share (Excluding Specified Items)
Signed over 2.5 million square feet of office leases with 36.6% GAAP and 22.6% cash rent growth
Grew same-store office and studio cash NOI... More
