Hudson Pacific Properties, Inc.
Hudson Pacific Properties, Inc. Q1 FY2026 earnings call
May 7, 2026 · fiscal period ended 2026-03
EPS · actual vs est
Revenue · actual vs est
Summary
Generated 2026-05-07
Management highlights
Bellevue has proved to be a very strong marketplace. Exploring surface parking redevelopments in San Francisco Bay Area, with several locations like Palo Alto, Redwood Shores, Foster City where adding density aligns with municipality goals. Targeting year-end for securing entitlements at 901 Market, and will determine next steps like JV, sale, or self-development once entitlements are in play.
Segment performance
N/A
Guidance
Targeting year-end for securing entitlements at 901 Market. Hoping to execute the deal at Fortune 55 market this quarter.
Risks
N/A
Q&A highlights
Q: Maybe to stay on Seattle some more and back to washington 1000, asked about seven deals in process and time to build out space.
A: 12 months call it.
Q: Talk about surface parking redevelopments in San Francisco Bay Area.
A: Several locations in Palo Alto, Redwood Shores, Foster City exploring adding density as municipalities are looking to add density.
Q: On residency conversion at 901 Market, is it planning to entitle for residential and timing?
A: Targeting around year-end for securing entitlements, will determine next steps based on market and product when entitlements are in play.
Q: Clarify on city of San Francisco taking romantic space at Fortune 55 market, confidence and impact on occupancy guidance?
A: Impact on occupancy outlined, hope to execute this quarter, confident in executing the deal.
Key numbers
Reported versus consensus
Earnings calendar feed
| Metric | Reported | Consensus | Delta | Prior year |
|---|---|---|---|---|
| EPS | $0.25 | $0.18 | +38.9% | — |
| Revenue | $181.9M | $175.1M | +3.8% | — |
Transcript
May 7, 2026Full transcript unavailable for redistribution
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