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via finance.yahoo.comBusiness & Companies

Hudson Pacific: third-quarter FFO tops analyst expectations

FROM THE WIRE · FINANCE.YAHOO.COM

LOS ANGELES (AP) — LOS ANGELES (AP) — Hudson Pacific Properties Inc. (HPP) on Thursday reported a key measure of profitability in its third quarter. The results topped Wall Street expectations. The Los Angeles-based real estate investment trust said it had funds from operations…

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MARKET IMPACTNEUTRAL✦ News Impact agent estimateTone: expected bullishA REIT beating FFO estimates can support the stock in the short term.AI-generated summary
✦ IN BRIEF · AIAI-generated summary
  1. 01Third-quarter funds from operations were 28 cents per share, versus 25 cents expected.
  2. 02Revenue in the period was 180.9 million dollars.
  3. 03The company expects full-year FFO between 1.15 and 1.21 dollars per share.
NEWS IMPACT AND MARKET REACTIONChange from the reference price
Hudson Pacific Properties, Inc.HPPStock9.01 USD-7.55%today -14.73%Positive
Impact and summary are estimates by the News Impact AI agent, not financial advice.Open in Markets

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