Real Estate·Office REITs·$2.6B
Highwoods Properties Inc is a real estate investment trust (REIT) focused on owning and managing office properties. With a market cap of $3 billion, it plays a significant role in the office real estate sector, which is influenced by trends in remote work and urban development.
EPS
Earnings per share (EPS) is a key indicator of profitability and will show how well the company is managing its costs and generating income.
Revenue
Total revenue reflects the company's ability to attract tenants and maintain occupancy rates, which is crucial for its financial health.
Wall Street expectations, options signals, track record, and call prep available with Pro.
EPS Beat Streak
1Q
EPS Beat Rate
50%
Avg EPS Surprise
+13.06%
Avg Stock Reaction
+0.73%
In the last quarter, Highwoods reported an impressive EPS of $3.48, significantly exceeding expectations. However, revenue details were not disclosed, leaving some uncertainty about overall performance.
Management Promises & Guidance
Analysts expect Highwoods to report modest earnings and revenue figures this quarter, reflecting cautious optimism amid ongoing market challenges.
Bull Case
If Highwoods can demonstrate strong demand for its office spaces, it may exceed expectations and signal a recovery in the office market.
Bear Case
Conversely, if the company reports lower occupancy rates or challenges in leasing, it could reinforce concerns about the long-term viability of office spaces.
EPS
$0.10Earnings per share (EPS) is a key indicator of profitability and will show how well the company is managing its costs and generating income.
Revenue
$209MTotal revenue reflects the company's ability to attract tenants and maintain occupancy rates, which is crucial for its financial health.
The print will turn on these two things.
Q1
What will the occupancy rate be this quarter?
Occupancy rates are crucial for assessing the company's revenue potential and overall health in the office market.
Q2
How is Highwoods managing its lease renewals and tenant demand?
Understanding lease renewals and tenant demand will provide insight into future revenue stability and growth.
Why consensus could be wrong
The consensus may underestimate the resilience of Highwoods' portfolio, particularly in prime locations that could attract tenants despite broader market challenges.
Supporting Evidence
The company has a history of outperforming expectations, as seen in the last quarter's EPS surprise.
Options pricing suggests a higher expected move than historical averages, indicating potential for significant market reactions.
Key Risk
If occupancy rates exceed 90%, it could challenge the bearish sentiment surrounding the office sector.
Pre-commit to what would confirm each case.
This quarter's performance will hinge on occupancy rates and tenant demand, which are critical indicators of the company's future revenue.
Bull Confirmed If
A reported occupancy rate above 90% would confirm strong demand and support the bull case.
Bear Confirmed If
An occupancy rate below 85% would signal ongoing challenges in the office market, confirming the bear case.
Implied Move
±3.39%
Historical Avg
±1.4%
The options market is pricing in a potential move of about 3.39%, indicating that traders expect some volatility around the earnings announcement.
Options are pricing ±3.4% while HIW has averaged ±1.4% over the last 8 prints — setup is pricing rich.
Likely market behavior by outcome — not investment advice.
Beat & Raise
If Highwoods beats expectations, history suggests a potential stock increase of around +0.53%, confirming a positive outlook.
In-Line / Cautious
A cautious in-line report may lead to muted reactions as investors await further clarity on future guidance.
Miss
If the company misses expectations, history suggests a potential decline of around +0.94%, raising concerns about the office market's recovery.
AI-powered briefs, options data, and 20 quarters of history — everything you need before earnings.
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AI-powered briefs, options data, and 20 quarters of history — everything you need before earnings.
No charge today · Auto-bills $8/mo after 7 days · Cancel anytime
VERIZON COMMUNICATIO
Apr 27, 2026