For the quarter ended March 2025, Hudson Pacific Properties (HPP) reported revenue of $198.46 million, down 7.3% over the same period last year. EPS came in at $0.09, compared to -$0.37 in the year-ago quarter.
The reported revenue represents a surprise of -2.32% over the Zacks Consensus Estimate of $203.17 million. With the consensus EPS estimate being $0.08, the EPS surprise was +12.50%.
While investors scrutinize revenue and earnings changes year-over-year and how they compare with Wall Street expectations to determine their next move, some key metrics always offer a more accurate picture of a company's financial health.
Since these metrics play a crucial role in driving the top- and bottom-line numbers, comparing them with the year-ago numbers and what analysts estimated about them helps investors better project a stock's price performance.
Here is how Hudson Pacific performed in the just reported quarter in terms of the metrics most widely monitored and projected by Wall Street analysts:
- Revenues- Office - Rental: $158.39 million compared to the $168.02 million average estimate based on three analysts. The reported number represents a change of -7.6% year over year.
- Revenues- Studio - Rental: $13.65 million versus the three-analyst average estimate of $12.52 million. The reported number represents a year-over-year change of +0.4%.
- Revenues- Studio - Service and other revenues: $19.60 million compared to the $20.87 million average estimate based on three analysts. The reported number represents a change of -22.7% year over year.
- Revenues- Studio - Total: $33.25 million compared to the $33.47 million average estimate based on three analysts. The reported number represents a change of -14.6% year over year.
- Revenues- Office - Total: $165.21 million versus $169.72 million estimated by two analysts on average. Compared to the year-ago quarter, this number represents a -5.6% change.
- Revenues- Office - Service and other revenues: $6.82 million versus the two-analyst average estimate of $4 million. The reported number represents a year-over-year change of +86.9%.
- Net Earnings Per Share (Diluted): -$0.53 versus the four-analyst average estimate of -$0.40.
View all Key Company Metrics for Hudson Pacific here>>>
Shares of Hudson Pacific have returned +2.3% over the past month versus the Zacks S&P 500 composite's +10.6% change. The stock currently has a Zacks Rank #3 (Hold), indicating that it could perform in line with the broader market in the near term.
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Hudson Pacific Properties, Inc. (HPP): Free Stock Analysis ReportThis article originally published on Zacks Investment Research (zacks.com).
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