Hudson Pacific Properties (HPP) Beats Q1 FFO Estimates

Hudson Pacific Properties (HPP) came out with quarterly funds from operations (FFO) of $0.09 per share, beating the Zacks Consensus Estimate of$ 0.08 per share. This compares to FFO of $0.17 per share a year ago. These figures are adjusted for non-recurring items.This quarterly report represents an FFO surprise of 12.50%. A quarter ago, it was expected that this real estate investment trust would post FFO of$ 0.10 per share when it actually produced FFO of $0.11, delivering a surprise of 10%.Over the last f ...