Highwoods Properties, Inc. (HIW), Tuesday reported funds from operations of $97.1 million, or $0.90 per share for the third quarter compared to last year's $99.8 million, or $0.93 per share.
Profit totaled $14.6 million, or $0.14 per share compared to $22.1 million, or $0.21 per share in previous year.
Analysts, on average, polled by Thomson Reuters estimated earnings of $0.21 per share for the period.
Total revenues declined to $204.3 million from $207.1 million in prior year.
Looking ahead, the real estate company now expects FFO of $3.59 to $3.63 per share compared to previously estimated $3.54 to $3.62 per share for the full year 2024.
For comments and feedback contact: editorial@rttnews.com
Business News
May 22, 2026 14:46 ET Minutes of the latest Fed policy session was the highlight of the week along with survey data on the U.S. housing market. In Europe, survey data signaled the trends in the euro area private sector. Further, consumer price inflation data from the U.K. was in focus. In Asia, various economic indicators from China drew attention to the health of the economy.