The earnings call presented a mixed outlook. While there were significant achievements in leasing activity, studio occupancy, and cost management, challenges remain with revenue declines, lower same-store NOI, and urgent refinancing needs.

Company Guidance

During the second quarter of 2025, Hudson Pacific Properties made significant progress across several metrics, enhancing its strategic objectives. The company signed 1.2 million square feet of office leases year-to-date, aiming for its strongest leasing year since 2019. Leasing activity was particularly robust in the San Francisco and Silicon Valley markets, with over 1 million square feet of positive net absorption driven by tech companies. The firm's liquidity stands strong with over $1 billion, supported by successful CMBS financing and a follow-on capital raise. This financial position is further bolstered by cost-saving measures, notably reducing G&A expenses and streamlining studio operations to achieve profitability. Studio operations showed improvement, with pilot shoot days up by 11% year-to-date and 48% on a trailing 12-month basis. Additionally, the expanded California film and television tax credit is expected to boost production in the upcoming quarters. As for asset sales, the company completed a $28 million sale and continues to pursue additional dispositions aligned with its capital allocation priorities. Looking ahead, the company anticipates a steady increase in occupancy due to low expiration rates and a healthy leasing pipeline.

Strong Office Leasing Activity

1.2 million square feet of office leases signed year-to-date, on pace for the strongest office leasing year since 2019.

Improved Studio Occupancy

Studio occupancy is improving with pilot shoot days up 11% year-to-date and 48% on a trailing 12-month basis.

Successful Capital Management

Over $1 billion of liquidity achieved following successful CMBS financing and follow-on capital raise.

West Coast Market Recovery

Tech and leasing in San Francisco drove the single largest quarter occupancy increase in 7 years.

Cost Reduction Achievements

G&A expenses improved by nearly 35% year-over-year, reflecting ongoing cost-saving measures.

Hudson Pacific Properties (HPP) Earnings, Revenues Date & History

The upcoming earnings date is based on a company’s previous reporting, and may be updated when the actual date is announced

Daily Earnings Calendar >

HPP Earnings History

Report Date	Fiscal Quarter	Forecast / EPS	Last Year's EPS	EPS YoY Change	Slides	Play Transcript
Oct 29, 2025	2025 (Q3)	-0.15 / -	-0.69	―	―	―
Aug 05, 2025	2025 (Q2)	-0.20 / -0.41	-0.33	-24.24% (-0.08)
May 07, 2025	2025 (Q1)	-0.41 / -0.53	-0.37	-43.24% (-0.16)
Feb 20, 2025	2024 (Q4)	-0.43 / -1.18	-0.7	-68.57% (-0.48)
Nov 12, 2024	2024 (Q3)	-0.41 / -0.69	-0.27	-155.56% (-0.42)
Aug 07, 2024	2024 (Q2)	-0.37 / -0.33	-0.26	-26.92% (-0.07)
May 01, 2024	2024 (Q1)	-0.46 / -0.37	-0.14	-164.29% (-0.23)
Feb 12, 2024	2023 (Q4)	-0.39 / -0.70	-0.09	-677.78% (-0.61)
Nov 01, 2023	2023 (Q3)	-0.31 / -0.27	-0.12	-125.00% (-0.15)	―
Aug 01, 2023	2023 (Q2)	-0.33 / -0.26	-0.05	-420.00% (-0.21)

The table shows recent earnings report dates and whether the forecast was beat or missed. See the change in forecast and EPS from the previous year.

Beat

Missed

HPP Earnings-Related Price Changes

Report Date	Price 1 Day Before	Price 1 Day After	Percentage Change
Aug 05, 2025	$2.52	$2.69	+6.75%
May 07, 2025	$2.28	$2.27	-0.44%
Feb 20, 2025	$3.11	$3.00	-3.54%
Nov 12, 2024	$4.04	$4.21	+4.21%

Earnings announcements can affect a stock’s price. This table shows the stock's price the day before and the day after recent earnings reports, including the percentage change.

FAQ

When does Hudson Pacific Properties (HPP) report earnings?

Hudson Pacific Properties (HPP) is schdueled to report earning on Oct 29, 2025, Before Open (Confirmed).

What is Hudson Pacific Properties (HPP) earnings time?

Hudson Pacific Properties (HPP) earnings time is at Oct 29, 2025, Before Open (Confirmed).

Where can I see when companies are reporting earnings?

You can see which companies are reporting today on our designated earnings calendar.

What companies are reporting earnings today?

You can see a list of the companies which are reporting today on TipRanks earnings calendar.

What is HPP EPS forecast?

HPP EPS forecast for the fiscal quarter 2025 (Q3) is -0.15.

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