Reports Q2 revenue $200.6M, consensus $203.52M. Ted Klinck, President and Chief Executive Officer, stated, “We had another strong quarter. Leasing activity remained robust, as we made meaningful progress filling key vacancies and capturing several sizable renewals, which drove our leased rate up 80 basis points sequentially. Our strong leasing pipeline supports our confidence in the long-term occupancy trajectory for our portfolio.”
Elevate Your Investing Strategy:
- Take advantage of TipRanks Premium at 50% off! Unlock powerful investing tools, advanced data, and expert analyst insights to help you invest with confidence.
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
Read More on HIW:
- HIW Upcoming Earnings Report: What to Expect?
- Highwoods Properties price target raised to $30 from $29 at Mizuho
- Cousins Properties downgraded to Hold from Buy at Truist
- Highwoods Properties downgraded to Hold from Buy at Truist
- Highwoods Properties signs over 750,000 sq ft of second-gen leases since April 1