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Hudson Pacific (HPP) Q2 Earnings: How Key Metrics Compare to Wall Street Estimates
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Hudson Pacific Properties (HPP - Free Report) reported $188.3 million in revenue for the quarter ended June 2026, representing a year-over-year decline of 0.9%. EPS of $0.35 for the same period compares to -$2.87 a year ago.
The reported revenue represents a surprise of +0.2% over the Zacks Consensus Estimate of $187.93 million. With the consensus EPS estimate being $0.28, the EPS surprise was +25%.
While investors closely watch year-over-year changes in headline numbers -- revenue and earnings -- and how they compare to Wall Street expectations to determine their next course of action, some key metrics always provide a better insight into a company's underlying performance.
As these metrics influence top- and bottom-line performance, comparing them to the year-ago numbers and what analysts estimated helps investors project a stock's price performance more accurately.
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:
Rentable Square Feet - Total STUDIO: 1,680 versus the two-analyst average estimate of 1,564.
Rentable Square Feet - Total in-service office: 12,795 compared to the 13,041 average estimate based on two analysts.
Revenues- Office- Rental: $149.6 million compared to the $148.24 million average estimate based on two analysts. The reported number represents a change of -0.6% year over year.
Revenues- Office- Service and other revenues: $3.52 million versus $4.5 million estimated by two analysts on average. Compared to the year-ago quarter, this number represents a -33.6% change.
Revenues- Studio- Total: $35.18 million compared to the $35.39 million average estimate based on two analysts. The reported number represents a change of +3% year over year.
Revenues- Studio- Service and other revenues: $21.69 million versus $21.25 million estimated by two analysts on average. Compared to the year-ago quarter, this number represents a +6.9% change.
Revenues- Office- Total: $153.12 million versus $152.74 million estimated by two analysts on average. Compared to the year-ago quarter, this number represents a -1.7% change.
Revenues- Studio- Rental: $13.49 million versus $14.07 million estimated by two analysts on average. Compared to the year-ago quarter, this number represents a -2.9% change.
Shares of Hudson Pacific have returned -12.8% over the past month versus the Zacks S&P 500 composite's +3.5% change. The stock currently has a Zacks Rank #1 (Strong Buy), indicating that it could outperform the broader market in the near term.
View the Zacks #1 Rank List
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Hudson Pacific (HPP) Q2 Earnings: How Key Metrics Compare to Wall Street Estimates
Hudson Pacific Properties (HPP - Free Report) reported $188.3 million in revenue for the quarter ended June 2026, representing a year-over-year decline of 0.9%. EPS of $0.35 for the same period compares to -$2.87 a year ago.
The reported revenue represents a surprise of +0.2% over the Zacks Consensus Estimate of $187.93 million. With the consensus EPS estimate being $0.28, the EPS surprise was +25%.
While investors closely watch year-over-year changes in headline numbers -- revenue and earnings -- and how they compare to Wall Street expectations to determine their next course of action, some key metrics always provide a better insight into a company's underlying performance.
As these metrics influence top- and bottom-line performance, comparing them to the year-ago numbers and what analysts estimated helps investors project a stock's price performance more accurately.
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:View all Key Company Metrics for Hudson Pacific here>>>
Shares of Hudson Pacific have returned -12.8% over the past month versus the Zacks S&P 500 composite's +3.5% change. The stock currently has a Zacks Rank #1 (Strong Buy), indicating that it could outperform the broader market in the near term.