Hudson Pacific Properties (HPP) Expected to Announce Earnings on Wednesday

Hudson Pacific Properties (NYSE:HPP - Get Free Report) is expected to release its Q1 2025 earnings data after the market closes on Wednesday, May 7th. Analysts expect Hudson Pacific Properties to post earnings of $0.09 per share and revenue of $199.95 million for the quarter. Hudson Pacific Properties has set its Q1 2025 guidance at 0.070-0.110 EPS.

Hudson Pacific Properties (NYSE:HPP - Get Free Report) last released its earnings results on Thursday, February 20th. The real estate investment trust reported $0.11 earnings per share (EPS) for the quarter, beating analysts' consensus estimates of $0.10 by $0.01. The company had revenue of $209.67 million for the quarter, compared to analyst estimates of $207.95 million. Hudson Pacific Properties had a negative net margin of 44.01% and a negative return on equity of 12.64%. On average, analysts expect Hudson Pacific Properties to post $0 EPS for the current fiscal year and $1 EPS for the next fiscal year.

Hudson Pacific Properties Trading Up 2.8 %

Shares of NYSE HPP traded up $0.06 during midday trading on Friday, reaching $2.24. 1,796,589 shares of the stock were exchanged, compared to its average volume of 2,844,446. The stock has a 50 day moving average price of $2.63 and a 200-day moving average price of $3.16. The company has a current ratio of 1.26, a quick ratio of 1.26 and a debt-to-equity ratio of 1.47. The company has a market capitalization of $316.72 million, a P/E ratio of -0.87 and a beta of 1.30. Hudson Pacific Properties has a 52-week low of $1.88 and a 52-week high of $6.29.

Analyst Upgrades and Downgrades

A number of brokerages have weighed in on HPP. Jefferies Financial Group started coverage on Hudson Pacific Properties in a research note on Monday, March 17th. They set a "hold" rating and a $2.70 price target on the stock. Morgan Stanley reiterated an "underweight" rating and set a $1.75 target price on shares of Hudson Pacific Properties in a research report on Tuesday, April 15th. The Goldman Sachs Group lowered their price target on Hudson Pacific Properties from $3.40 to $2.30 and set a "neutral" rating for the company in a report on Tuesday, April 22nd. Wells Fargo & Company upgraded shares of Hudson Pacific Properties from an "equal weight" rating to an "overweight" rating and set a $4.00 price objective on the stock in a report on Monday, March 10th. Finally, Piper Sandler decreased their target price on shares of Hudson Pacific Properties from $3.50 to $2.50 and set a "neutral" rating on the stock in a research report on Tuesday, April 15th. Two research analysts have rated the stock with a sell rating, six have issued a hold rating and two have assigned a buy rating to the stock. According to data from MarketBeat, the stock has a consensus rating of "Hold" and an average target price of $3.14.

About Hudson Pacific Properties

Hudson Pacific Properties NYSE: HPP is a real estate investment trust serving dynamic tech and media tenants in global epicenters for these synergistic, converging and secular growth industries. Hudson Pacific's unique and high-barrier tech and media focus leverages a full-service, end-to-end value creation platform forged through deep strategic relationships and niche expertise across identifying, acquiring, transforming and developing properties into world-class amenitized, collaborative and sustainable office and studio space.