Earnings Summary

Highwoods Properties Inc’s revenue fell -1.23% since last year same period to $204.74Mn in the Q2 2024. On a quarterly growth basis, Highwoods Properties Inc has generated -3.25% fall in its revenue since last 3-months.

Highwoods Properties Inc’s net profit jumped 823.24% since last year same period to $63.49Mn in the Q2 2024. On a quarterly growth basis, Highwoods Properties Inc has generated 137.93% jump in its net profits since last 3-months.

Highwoods Properties Inc’s net profit margin jumped 834.75% since last year same period to 31.01% in the Q2 2024. On a quarterly growth basis, Highwoods Properties Inc has generated 145.93% jump in its net profit margins since last 3-months.

Highwoods Properties Inc’s price-to-earnings ratio after this Q2 2024 earnings stands at 20.67.

Highwoods Properties Inc’s earning per share (EPS) estimates for the current quarter stand at 0.27 - a 42.11% jump from last quarter’s estimates.

Highwoods Properties Inc’s earning per share (EPS) estimates for the current year stand at 0.27.

Highwoods Properties Inc’s earning per share (EPS) jumped 47.5% since last year same period to 0.59 in the Q2 2024. This indicates that the Highwoods Properties Inc has generated 47.5% annual rate of jump in its earning per share (EPS) in the last 4 quarters.

Return on assets (ROA) indicates the profitability of the company in relation to its total assets. This ratio tells the financial health of the company. The higher the ROA, the better the company’s financial health. If any company has a ROA in the range of 5% to 20% - it is generally considered good. ROA above 20% is generally considered excellent. Highwoods Properties Inc’s return on assets (ROA) stands at 0.02.

The Return On Equity ratio indicates a company’s ability to turn equity capital received from shareholders into profits. ROE highlights the efficiency of equity capital in running the business. Generally, a return on equity in double digits is considered good. Highwoods Properties Inc’s return on equity (ROE) stands at 0.06.

Highwoods Properties Inc declared 0.5 dividend per share during the earnings announcement for Q2 2024.