Five Point Holdings, LLC (FPH) Tops Q2 EPS by 16c, Revenues Beat

Five Point Holdings, LLC (NYSE: FPH) reported Q2 EPS of $0.10, $0.16 better than the analyst estimate of ($0.06). Revenue for the quarter came in at $24.3 million versus the consensus estimate of $10.85 million.

Emile Haddad, Chairman and CEO, said, “While we remain cautious about current market conditions, our strong balance sheet and liquidity position give us confidence, and we are encouraged by the positive sentiment of homebuilders and the consistent pace of home sales at our Great Park Neighborhoods community. The recent commercial sales at the Five Point Gateway Campus are strong evidence of the value we are creating within our communities.”

For earnings history and earnings-related data on Five Point Holdings, LLC (FPH) click here.

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