Howard Hughes Holdings Inc reports results for the quarter ended in September 30 - Earnings Summary

Howard Hughes Holdings

05/11/2024 07:56

* Howard Hughes Holdings Inc  HHH.N  reported quarterly
adjusted
earnings of $1.46​​ per share for the quarter ended September
30, higher than the same quarter last year, when the company
reported EPS of 22 cents.  The mean expectation of
three analysts for the quarter was for earnings of 20 cents per
share. Wall Street expected results to range from -10 cents
to 50 cents per share.
    * Revenue rose 21.8% to $327.15 million from a year ago;
analysts
expected $261.00 million. 
    * Howard Hughes Holdings Inc's reported EPS for the quarter
was
$1.46​.
    * The company reported quarterly net income of $72.77
million.
    * Howard Hughes Holdings Inc shares had fallen by 1.9% this
quarter and lost 6.8% so far this year.

FORECAST CHANGES
    * The mean earnings estimate of analysts had fallen by
about 0.7%
in the last three months.​ 
    * In the last 30 days, there have been no earnings estimate
revisions by analysts covering the company.

RECOMMENDATIONS
    * The current average analyst rating on the shares is "buy"
and
the breakdown of recommendations is 3 "strong buy" or "buy," no
"hold" and no "sell" or "strong sell." 
    * The average consensus recommendation for the real estate
rental,
development & operations peer group is also "buy"

Wall Street's median 12-month price target for Howard Hughes
Holdings Inc is 90.00 
This summary was machine generated from LSEG data November 5 at
07:56 a.m. UTC. ​All figures in US dollars unless otherwise
stated. (For questions concerning the data in this report,
contact Estimates.Support@lseg.com. For any other questions or
feedback, contact RefinitivNewsSupport@thomsonreuters.com) QUARTER ENDING    ESTIMATE       ACTUAL         BEAT, MET,
                                                 MISSED
 Sep. 30 2024      1.41           4.01           Beat
 Jun. 30 2024      1.39           -0.35          Missed
 Mar. 31 2024      0.79           -0.12          Missed
 Dec. 31 2023      1.48           2.10           Beat