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Stock impact report

Howard Hughes Holdings Inc. Reports Third Quarter 2024 Results [Yahoo! Finance]

Howard Hughes Holdings Inc. (HHH) 
Company Research Source: Yahoo! Finance
THE WOODLANDS, Texas, Nov. 04, 2024 (GLOBE NEWSWIRE) -- Howard Hughes Holdings Inc. (NYSE: HHH) (the “Company,” “HHH,” or “we”) today announced operating results for the third quarter ended September 30, 2024. The financial statements, exhibits, and reconciliations of non-GAAP measures in the attached Appendix and the Supplemental Information, as available through the Investors section of our website, provide further detail of these results. Third Quarter Highlights: Net income from continuing operations per diluted share of $1.95 compared to $0.64 in the prior-year Master Planned Community (MPC) EBT of $145 million sets a new quarterly record—driven by a 184% year-over-year increase in residential land sales revenue at an average price of $1 million per acre—and contributed to a $30 million increase in the full-year MPC EBT guidance mid-point to $330 million Total Operating Assets NOI of $65 million was up 8% year-over-year—led by strong office and multi-family performance—a Show less Read more
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