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Stock impact report

Howard Hughes Holdings Inc (HHH) Q3 2024 Earnings Call Highlights: Record Land Sales and Raised ... [Yahoo! Finance]

Howard Hughes Holdings Inc. (HHH) 
Company Research Source: Yahoo! Finance
Record MPC EBT: $145 million in the third quarter. Net Operating Income (NOI): $65 million, an 8% year-over-year increase. Office NOI: $32 million, a 9% year-over-year increase. Multifamily NOI: $16 million, a 15% year-over-year increase. Retail NOI: $13 million, a 2% year-over-year increase. Condo Sales Revenue: Expected to generate $760 million with 27% to 28% gross margins in Q4. Full Year MPC EBT Guidance: Raised by 10% at the midpoint. Operating Asset NOI Guidance: Expected to be approximately $257 million at the midpoint. Condo Sales Revenue Guidance: Revised to range between $755 million and $765 million. Cash G&A Guidance: Tightened to range between $83 million and $88 million. Cash Position: $401 million at the end of the quarter. Debt Outstanding: $5.3 billion at the end of the third quarter. Warning! GuruFocus has detected 8 Warning Signs with HHH. Release Date: November 05, 2024 For the complete transcript of the earnings call, please refer to Show less Read more
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