Five Point Holdings, LLC (FPH) Misses Q1 EPS by 29c, Revenues Miss

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Five Point Holdings, LLC Reports First Quarter 2020 Results

May 21, 2020 4:15 PM EDT

First Quarter 2020 and Recent Highlights

Rapid response to potential impacts of COVID-19 ensuring safety of associates and financial stability of the Company. Company maintains liquidity of $372.4 million at March 31, 2020. Closed 35 previously sold homesites at Great Park Neighborhoods with a base purchase price of $20.3 million. In May 2020, closed 70 previously sold homesites at Valencia with a base purchase price of $16.5 million, including a seller secured note that is payable in December 2020.

IRVINE, Calif.--(BUSINESS WIRE)-- Five Point Holdings, LLC (Five Point or the Company) (NYSE: FPH), an... More