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Howard Hughes Holdings Inc. (HHH) Tops Q3 EPS by 190c; offers outlook

November 5, 2024 2:55 AM

Howard Hughes Holdings Inc. (NYSE: HHH) reported Q3 EPS of $1.95, $1.90 better than the analyst estimate of $0.05. Revenue for the quarter came in at $327.1 million versus the consensus estimate of $271.43 million.

OUTLOOK

For the full-year in 2024, growth in residential land sales revenue—including record acres sold and record pricing—are expected to be largely offset by reduced EBT associated with exceptional commercial land sales and builder price participation during 2023, as well as limited inventory of custom lots available to sell at Aria Isle in The Woodlands and the Summit in Summerlin due to their significant past success.

For earnings history and earnings-related data on Howard Hughes Holdings Inc. (HHH) click here.

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Earnings