Hudson Pacific Properties, Inc. (NYSE:HPP) Q3 2024 Earnings Conference Call November 12, 2024 5:00 PM ET
Company Participants
Laura Campbell – Executive Vice President-Investor Relations and Marketing
Victor Coleman – Chief Executive Officer and Chairman
Mark Lammas – President
Harout Diramerian – Chief Financial Officer
Art Suazo – Executive Vice President of Leasing
Conference Call Participants
Blaine Heck – Wells Fargo
Alexander Goldfarb – Piper Sandler
Michael Griffin – Citi
Caitlin Burrows – Goldman Sachs
John Kim – BMO
Rich Anderson – Wedbush
Tom Catherwood – BTIG
Dylan Burzinski – Green Street
Ronald Kamdem – Morgan Stanley
Operator
Good afternoon, my name is Ciara and I will be your conference operator today. At this time, I would like to welcome everyone to Hudson Pacific Properties’ Third Quarter 2024 Earnings Conference Call. All lines have been placed on mute to prevent any background noise. After the speakers’ remarks, there will be a Q&A session. [Operator Instructions] Thank you.
At this time, I’d like to turn the call over to Laura Campbell, Executive Vice President, Investor Relations and Marketing.
Laura Campbell
Good afternoon, everyone. Thanks for joining us. With me on the call today are Victor Coleman, CEO and Chairman; Mark Lammas, President; Harout Diramerian, CFO; and Art Suazo, EVP of Leasing. This afternoon, we filed our earnings release and supplemental on an 8-K with the SEC and both are now available on our website.
An audio webcast of this call will be available for replay on our website. Some of the information we’ll share on the call today is forward-looking in nature. Please reference our earnings release and supplemental for statements regarding forward-looking information as well as the reconciliation of non-GAAP financial measures used on this call.
Today, Victor will discuss industry and market trends and capital recycling. Mark will provide an update on our office and studio operations and development and Harout will review our financial results and 2024 outlook. Thereafter, we’ll be happy to take your questions. Victor?
Victor Coleman
Thank you, Laura. Good afternoon everyone and welcome to our third quarter call. At Hudson Pacific, we spent nearly two decades acquiring, transforming, developing, leasing and operating premier real estate and related services in the most sought after locations, catering to dynamic tech and media industries.
Over the last several years, our talented team has worked diligently to leverage the strength and resiliency of this unique platform to rise above the multiple unprecedented once in a generation challenges impacting our core industries and markets. As we sit today, we are gaining additional confidence that the tide is turning. While more time is needed, we believe that as we exit this year and move through 2025 we will stabilize our portfolio and be positioned for a return to growth and ultimately outperformance.