The Howard Hughes Corp. (HHC) Tops Q2 EPS by 1c
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The Howard Hughes Corporation Reports Second Quarter 2015 Results
August 10, 2015 4:50 PM EDTDALLAS--(BUSINESS WIRE)-- The Howard Hughes Corporation (NYSE: HHC):
Second Quarter Earnings Highlights
Net operating income (NOI) for our income-producing Operating Assets increased 56.4% to $28.5 million for the second quarter 2015, compared to $18.2 million in the second quarter 2014. The increase is primarily related to the opening of new properties in 2014, the most significant of which were Downtown Summerlin in October 2014 and The Outlet Collection at Riverwalk in May 2014, as well as the acquisition of 10-60 Columbia Corporate Center office properties in December 2014. Second quarter 2015 adjusted net... More