Highwoods Properties (HIW) Reports Q4 FFO Surpasses Estimates

Highwoods Properties Inc. (HIW) released Q4 results exceeding expectations. Funds from operations for the quarter were $100.8 million, or 90 cents per share, surpassing the 84 cents per share average estimate from three analysts surveyed by Zacks Investment Research. FFO, a key REIT performance metric, is derived from net income with adjustments for depreciation and amortization. The company reported net income of $28.7 million, or 26 cents per share, and revenue of $203.4 million, slightly below the $208.3 million forecast. For the year, funds from operations totaled $385 million, and revenue was $806.1 million. Management guidance for full-year 2026 FFO is $3.40 to $3.68 per share.