Hudson Pacific Properties, Inc. ( HPP ) Q3 2025 Earnings Call November 5, 2025 12:00 PM EST Company Participants Laura Campbell - Executive Vice President of Investor Relations & Marketing Victor Coleman - Chairman & CEO Mark Lammas - President & Treasurer Harout Diramerian - Chief Financial Officer Arthur Suazo - Executive Vice President of Leasing Conference Call Participants Ronald Kamdem - Morgan Stanley, Research Division Dylan Burzinski - Green Street Advisors, LLC, Research Division Blaine Heck - Wells Fargo Securities, LLC, Research Division Richard Anderson - Cantor Fitzgerald & Co., Research Division Alexander Goldfarb - Piper Sandler & Co., Research Division Vikram Malhotra - Mizuho Securities USA LLC, Research Division William Catherwood - BTIG, LLC, Research Division Jana Galan - BofA Securities, Research Division John Kim - BMO Capital Markets Equity Research Seth Bergey - Citigroup Inc. Exchange Research Presentation Operator Ladies and gentlemen, thank you for joining us, and welcome to the Hudson Pacific Properties Third Quarter 2025 Earnings Conference Call. [Operator Instructions] I will now hand the conference over to Laura Campbell, Executive Vice President, Investor Relations and Marketing.
Although the revenue and EPS for Hudson Pacific (HPP) give a sense of how its business performed in the quarter ended September 2025, it might be worth considering how some key metrics compare with Wall Street estimates and the year-ago numbers.
Hudson Pacific Properties (HPP) came out with quarterly funds from operations (FFO) of $0.04 per share, beating the Zacks Consensus Estimate of $0.02 per share. This compares to FFO of $0.1 per share a year ago.
| - Industry | - Sector | Victor J. Coleman CEO | NYSE Exchange | 444097109 CUSIP |
| US Country | 740 Employees | 27 Jun 2024 Last Dividend | 2 Dec 2025 Last Split | 24 Jun 2010 IPO Date |
Hudson Pacific Properties (NYSE: HPP) positions itself as a leading real estate investment trust (REIT) with a sharp focus on serving dynamic sectors such as technology and media. Centered in global hubs that are crucial for the growth of these interconnected and rapidly evolving industries, Hudson Pacific has carved out a unique niche. The company distinguishes itself by leveraging a comprehensive, end-to-end value creation platform. This platform is built upon deep strategic relationships and specialized expertise, enabling the company to excel in identifying, acquiring, transforming, and developing properties. These properties are then turned into premier, amenitized, collaborative, and sustainable office and studio spaces designed to meet the high demands of tech and media tenants. Hudson Pacific's focus on high-barrier tech and media markets underlines its strategic positioning to capture value from the convergence and secular growth trends within these industries.
Hudson Pacific Properties specializes in offering premium office spaces tailored to the needs of tech and media companies. These spaces are designed to encourage collaboration and innovation, featuring high-end amenities and flexible layouts that can accommodate the dynamic needs of growing businesses. The focus on creating sustainable and efficient work environments aligns with the values and operational needs of forward-thinking companies in these sectors.
Apart from office spaces, Hudson Pacific also provides state-of-the-art studio spaces. These facilities cater to the specific demands of the media industry, offering a blend of technical specifications and creative environments that are conducive to the production and development of media content. The studio spaces come equipped with the latest technologies, supporting a wide range of media production activities.
Understanding the ever-evolving landscape of the tech and media industries, Hudson Pacific is adept at not just acquiring but also transforming and developing properties. Their approach involves turning traditional spaces into modern, amenitized, and sustainable hubs that facilitate creativity and productivity. This capability ensures that tenants have access to work environments that are not only physically appealing but also aligned with best practices in environmental sustainability and operational excellence.