Howard Hughes (NYSE:HHH) Issues Earnings Results

Howard Hughes (NYSE:HHH) released its quarterly earnings data on Monday. The company reported $1.95 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.19 by $1.76, Briefing.com reports. The firm had revenue of $327.15 million for the quarter, compared to analysts’ expectations of $261.00 million. Howard Hughes had a net margin of 6.57% and a return on equity of 3.28%. The company’s revenue for the quarter was up 43.2% compared to the same quarter last year. During the same quarter in the previous year, the company earned ($0.26) earnings per share.

Howard Hughes Stock Up 2.4 %

Shares of NYSE:HHH opened at $82.89 on Thursday. The stock’s 50-day moving average is $76.07 and its 200 day moving average is $70.64. The company has a market cap of $4.16 billion, a PE ratio of 54.89 and a beta of 1.46. The company has a debt-to-equity ratio of 1.82, a current ratio of 1.35 and a quick ratio of 1.35. Howard Hughes has a 1 year low of $59.00 and a 1 year high of $86.72.

About Howard Hughes

Howard Hughes Holdings Inc, together with its subsidiaries, operates as a real estate development company in the United States. It operates in four segments: Operating Assets; Master Planned Communities (MPCs); Seaport; and Strategic Developments. The Operating Assets segment consists of developed or acquired retail, office, and multi-family properties along with other retail investments.