Hudson Pacific Properties publishes Q3 2026 earnings call transcript
HPP•HPP•HPP•HPP•Hudson Pacific Properties raised its full-year 2026 core FFO guidance to $1.15-$1.21 per diluted share from $1.12-$1.20. Quarterly core FFO rose 8% to $0.28 per diluted share, while same-store cash NOI increased 8.3% to $85.2 million.
Hudson Pacific Properties raised its full-year core FFO guidance to $1.15-$1.21 per diluted share from $1.12-$1.20, citing stronger quarterly results and fourth-quarter expectations. Third-quarter core FFO rose 8% per diluted share to $0.28, and same-store cash NOI increased 8.3% to $85.2 million.
After repurchasing $200 million of senior notes and selling assets, pro forma debt totaled $2.7 billion, down 14% year over year. CEO Victor Coleman ruled out issuing equity at current levels to address debt maturities, and management expects AFFO to turn positive in the second half of 2027.
