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Highwoods Properties (HIW) Matches Q3 FFO Estimates

Highwoods Properties (HIW) came out with quarterly funds from operations (FFO) of 0.86pershare,inlinewiththeZacksConsensusEstimate.ThiscomparestoFFOof0.86 per share, in line with the Zacks Consensus Estimate . This compares to FFO of 0.9 per share a year ago. These figures are adjusted for non-recurring items. A quarter ago, it was expected that this real estate investment trust would post FFO of 0.85persharewhenitactuallyproducedFFOof0.85 per share when it actually produced FFO of 0.89, delivering a surprise of +4.71%.Over the last four quarters, the company has surpassed consensus FFO estimates two times.H ...