Howard Hughes (NYSE:HHH) Issues Quarterly Earnings Results

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

Howard Hughes Stock Performance

Howard Hughes stock opened at $82.89 on Thursday. Howard Hughes has a fifty-two week low of $59.00 and a fifty-two week high of $86.72. The stock has a market cap of $4.16 billion, a price-to-earnings ratio of 54.89 and a beta of 1.46. The stock’s 50 day simple moving average is $76.07 and its two-hundred day simple moving average is $70.64. The company has a debt-to-equity ratio of 1.82, a quick ratio of 1.35 and a current ratio of 1.35.

Howard Hughes Company Profile

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.