earnings
confidence high
sentiment negative
materiality 0.65
Hudson Pacific Q1 net loss $74.7M, FFO ex-items $0.09/shr; signs 630K sf leases
Hudson Pacific Properties, Inc.
2025-Q1 EPS reported
-$0.53
revenue$198,459,000
- Total revenue $198.5M, down from $214.0M YoY on asset sales and lower occupancy.
- Net loss $74.7M ($0.53/shr) vs. $52.2M loss a year ago; FFO (ex-items) $12.9M ($0.09/shr).
- In-service office occupancy 75.1% (down from 78.3% Q4 2024); same-store cash NOI $93.2M.
- Completed $475M CMBS financing; liquidity $839M (cash + revolver undrawn).
- Q2 FFO outlook $0.03-$0.07/shr; full-year assumptions updated (no specified items).