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0 0 0.00476190476190487 0.00238095238095233 -0.0142857142857142 0.036904761904762 0.036904761904762 0.0333333333333335
Stock impact report

Five Point Holdings, LLC Reports Third Quarter 2024 Results [Yahoo! Finance]

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: Yahoo! Finance
Dan Hedigan, Chief Executive Officer, said, "In the third quarter, we generated stronger than expected net income of $12.3 million, which is our sixth consecutive quarter reporting net income, and we ended the quarter with cash and cash equivalents of $224.5 million and total liquidity of $349.5 million. We did not have any residential land sale closings scheduled during the quarter, however, we are continuing to see strong demand from builders for our land, driven largely by the chronic shortage of developable land in our markets. Importantly, we secured a two-year extension of the development management agreement with our Great Park Venture partners. This extension reflects the strength of our relationship with our partners and is a model that we believe can be expanded beyond our existing communities. We expect to close land sales in the fourth quarter in both of our active communities and to end the year either in line with or stronger than our prior guidance of consolidated annu Show less Read more
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