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Dec 31, 2020
Hudson Pacific Q4 2020 Earnings Report
Reported financial results for the fourth quarter 2020.
Key Takeaways
Hudson Pacific Properties reported a net loss of $0.05 per diluted share for the fourth quarter of 2020. The company signed over 279,000 square feet of office leases and maintained an in-service office portfolio at 93.5% leased. Total revenue decreased by 6.0% to $203.8 million, while same-store office cash NOI grew by 4.2%.
Net loss attributable to common stockholders of $8.5 million, or $0.05 per diluted share.
FFO, excluding specified items, of $66.8 million, or $0.44 per diluted share.
Total revenue decreased 6.0% to $203.8 million.
Grew same-store office cash NOI by 4.2%.
Hudson Pacific
Hudson Pacific
Hudson Pacific Revenue by Segment
Revenue by Segment
Office Revenue
CapyFin.comStudio Revenue
CapyFin.com Forward Guidance
The Company is providing first quarter 2021 guidance in the range of $0.45 to $0.47 per diluted share excluding specified items.
Revenue & Expenses
Visualization of income flow from segment revenue to net income