Howard Hughes Corp. (HHC) Tops Q4 EPS by $1.03

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The Howard Hughes Corporation® Reports Fourth Quarter and Full Year 2016 Results

February 23, 2017 4:35 PM EST

DALLAS--(BUSINESS WIRE)-- The Howard Hughes Corporation ® (NYSE: HHC) (the Company) announced operating results for the fourth quarter ended December 31, 2016. The attached financial statements, exhibits and reconciliations of non-GAAP measures provide the details of these results.

Fourth Quarter Highlights:

Net income attributable to common stockholders was $43.6 million or $1.02 per diluted share. Adjusted net income was $72.1 million or $1.69 per share, an increase of $19.7 million or $0.46 per share compared to the fourth quarter of 2015. Increased Operating Asset NOI to $38.0 million, an... More