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Stock impact report

Five Point Holdings, LLC Reports Third Quarter 2024 Results

Five Point Holdings, LLC Class A Common Shares (FPH) 
Last five point holdings, llc class a common shares earnings: 8/8 04:15 pm Check Earnings Report
US:NYSE Investor Relations: ir.fivepoint.com
Company Research Source: Business Wire
Third Quarter 2024 HighlightsGreat Park Venture closed two retail use commercial land sales totaling 12.8 acres for an aggregate purchase price of $25.4 million.Great Park Venture distributions and incentive compensation payments to the Company totaled $49.4 million.Great Park builder sales of 166 homes during the quarter.Valencia builder sales of 89 homes during the quarter.Renewed the development management agreement with Great Park Venture through December 31, 2026.Consolidated revenues of $17.0 million; consolidated net income of $12.3 million.Cash and cash equivalents of $224.5 million as of September 30, 2024.Debt to total capitalization ratio of 20.5% and liquidity of $349.5 million as of September 30, 2024. IRVINE, Calif.--(BUSINESS WIRE)--Five Point Holdings, LLC (“Five Point” or the “Company”) (NYSE:FPH), an owner and developer of large mixed-use planned communities in California, today reported its third quarter 2024 results.Dan Hedigan, Chief Executive Officer, said, “I Show less Read more
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