Hudson Pacific Properties Inc

NYSE:HPPUnited States

Nov 12, 2024

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• -- Earnings Flash (HPP) HUDSON PACIFIC PROPERTIES Reports Q3 Revenue $200.4M, from 4:08PM ET on Tuesday Nov 12, 2024 by MT Newswires

  4:08PM ET on Tuesday Nov 12, 2024 by MT Newswires
  Companies Mentioned: HPP
  04:08 PM EST, 11/12/2024 (MT Newswires) -- ...

• *DJ Hudson Pacific Properties 3Q Loss/Shr 69c >HPP, from 4:05PM ET on Tuesday Nov 12, 2024 by Dow Jones

  4:05PM ET on Tuesday Nov 12, 2024 by Dow Jones
  Companies Mentioned: HPP
  from continuing operations, as an indication of our performance, or as an alternative to cash flows as a measure of liquidity, or our ability to make distributions. All companies may not calculate NOI in the same manner. We consider NOI to be a useful performance measure to investors and management because when compared across periods, NOI reflects the revenues and expenses directly associated with owning and operating our properties and the impact to operations from trends in occupancy rates, rental rates and operating costs, providing a perspective not immediately apparent from income from continuing operations. We calculate NOI as net income (loss) excluding corporate general and administrative expenses, depreciation and amortization, impairments, gains/losses on sales of real estate, interest expense, transaction-related expenses and other non-operating items. We define NOI as operating revenues (rental revenues, other property-related revenue, tenant recoveries and other operating revenues), less property-level operating expenses (external management fees, if any, and property-level general and administrative expenses). NOI on a cash basis is NOI adjusted to exclude the effect of straight-line rent and other non-cash adjustments required by GAAP. We believe that NOI on a cash basis is helpful to investors as an additional measure of operating performance because it eliminates straight-line rent and other non-cash adjustments to revenue and expenses.
  

• Hudson Pacific Properties Reports Third Quarter 2024 Financial Results, from 4:05PM ET on Tuesday Nov 12, 2024 by Dow Jones

  4:05PM ET on Tuesday Nov 12, 2024 by Dow Jones
  Companies Mentioned: HPP
  from continuing operations, as an indication of our performance, or as an alternative to cash flows as a measure of liquidity, or our ability to make distributions. All companies may not calculate NOI in the same manner. We consider NOI to be a useful performance measure to investors and management because when compared across periods, NOI reflects the revenues and expenses directly associated with owning and operating our properties and the impact to operations from trends in occupancy rates, rental rates and operating costs, providing a perspective not immediately apparent from income from continuing operations. We calculate NOI as net income (loss) excluding corporate general and administrative expenses, depreciation and amortization, impairments, gains/losses on sales of real estate, interest expense, transaction-related expenses and other non-operating items. We define NOI as operating revenues (rental revenues, other property-related revenue, tenant recoveries and other operating revenues), less property-level operating expenses (external management fees, if any, and property-level general and administrative expenses). NOI on a cash basis is NOI adjusted to exclude the effect of straight-line rent and other non-cash adjustments required by GAAP. We believe that NOI on a cash basis is helpful to investors as an additional measure of operating performance because it eliminates straight-line rent and other non-cash adjustments to revenue and expenses.
  

• Sector Update: Financial Stocks Softer Late Afternoon, from 3:49PM ET on Tuesday Nov 12, 2024 by MT Newswires

  3:49PM ET on Tuesday Nov 12, 2024 by MT Newswires
  Companies Mentioned: HRB, HPP, ACNB, DCOM
  03:49 PM EST, 11/12/2024 (MT Newswires) -- Financial stocks fell in late Tuesday afternoon trading, with the NYSE Financial Index down 0.5% and the Financial Select Sector SPDR Fund (XLF) off 0.2%. The Philadelphia Housing Index dropped 2.2%, and th...