Howard Hughes (HHH)
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Howard Hughes Holdings Announces Completion of Spinoff of Seaport Entertainment Group
GlobeNewswire News Room· 2024-08-01 11:03
THE WOODLANDS, Texas, Aug. 01, 2024 (GLOBE NEWSWIRE) -- Howard Hughes Holdings Inc. (NYSE: HHH) (the "Company" or "HHH") today announced the completion of the spinoff of the Company's Seaport Entertainment division into a separate public company, Seaport Entertainment Group Inc., effective 11:59 p.m. Eastern Time on July 31, 2024. Under the terms of the separation, after market close on July 31, 2024, each stockholder who held HHH common stock as of the close of business on July 29, 2024, the record date fo ...
Howard Hughes (HHH) - 2024 Q2 - Quarterly Report
2024-07-26 21:12
UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 10-Q ☒ Quarterly report pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934 For the quarterly period ended June 30, 2024 or ☐ Transition report pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934 Commission file number 001-41779 HOWARD HUGHES HOLDINGS INC. (Exact name of registrant as specified in its charter) Delaware 93-1869991 (State or other jurisdiction of incorporation or organization) (I ...
Howard Hughes (HHH) - 2024 Q2 - Quarterly Results
2024-07-26 21:11
Exhibit 99.1 THE WOODLANDS, Texas, July 26, 2024 – Howard Hughes Holdings Inc. (NYSE: HHH) (the "Company," "HHH," or "we") today announced operating results for the second quarter ended June 30, 2024. The financial statements, exhibits, and reconciliations of non-GAAP measures in the attached Appendix and the Supplemental Information at Exhibit 99.2 provide further detail of these results. – Net income per diluted share of $0.42 compared to a loss of $(0.39) in the prior-year period – MPC EBT of $123 millio ...
Howard Hughes (HHH) - 2024 Q2 - Earnings Call Transcript
2024-07-26 17:47
Howard Hughes Holdings Inc. (NYSE:HHH) Q2 2024 Earnings Call July 26, 2024 9:30 AM ET Company Participants Eric Holcomb - Senior Vice President, Investor Relations David O’Reilly - Chief Executive Officer Jay Cross - President Carlos Olea - Chief Financial Officer Dave Striph - President, Asset Management and Operations Joe Valane - General Counsel Conference Call Participants Alexander Goldfarb - Piper Sandler Anthony Paolone - JPMorgan John Kim - BMO Capital Markets Peter Abramowitz - Jefferies Alex Barro ...
Howard Hughes Holdings (HHH) Beats Q2 Earnings and Revenue Estimates
ZACKS· 2024-07-26 13:10
What's Next for Howard Hughes Holdings? While Howard Hughes Holdings has underperformed the market so far this year, the question that comes to investors' minds is: what's next for the stock? There are no easy answers to this key question, but one reliable measure that can help investors address this is the company's earnings outlook. Not only does this include current consensus earnings expectations for the coming quarter(s), but also how these expectations have changed lately. Empirical research shows a s ...
Howard Hughes Holdings Inc. Reports Second Quarter 2024 Results
GlobeNewswire News Room· 2024-07-26 11:00
Strategic Developments At The Launiu—Ward Village's newest development—pre-sales continued at a solid pace with 66 units contracted in the quarter. At quarter end, 51% of the tower's 485 residences were pre-sold. Construction on Kalae—Ward Village's 10th condo tower—commenced in June. During the second quarter, seven units were contracted with 92% of its 329 condos pre-sold. Contracted to sell 16 residences at The Ritz Carlton Residences, The Woodlands. At quarter end, 72 condos, or 65% of available units, ...
Howard Hughes Holdings Inc. Announces Change to Seaport Entertainment Group Inc.'s Post-spinoff Stock Exchange
Newsfilter· 2024-07-23 22:21
THE WOODLANDS, Texas, July 23, 2024 (GLOBE NEWSWIRE) -- Howard Hughes Holdings Inc. (NYSE:HHH) ("the Company" or "HHH") announced today that outstanding shares of common stock of Seaport Entertainment Group Inc. ("Seaport Entertainment") will be traded on the NYSE American stock exchange ("NYSE American") following their distribution to HHH common stockholders (the "Distribution") of record at the close of business on July 29, 2024 (the "Record Date"). The Distribution is expected to be payable after market ...
Howard Hughes Holdings Inc. Announces Change to Seaport Entertainment Group Inc.'s Post-spinoff Stock Exchange
GlobeNewswire News Room· 2024-07-23 22:21
HHH now expects "when-issued" trading of Seaport Entertainment common stock to begin on July 29, 2024, on NYSE American under the symbol "SEG WI." The "when-issued" trading market is a market for the yet-to-beissued shares of Seaport Entertainment common stock that will be distributed to holders of HHH common stock on the Distribution Date. "Regular-way" trading of Seaport Entertainment common stock is expected to begin on NYSE American on August 1, 2024, under the symbol "SEG." About Howard Hughes Holdings ...
Howard Hughes Holdings (HHH) Reports Next Week: Wall Street Expects Earnings Growth
ZACKS· 2024-07-19 15:06
Estimate revisions ahead of a company's earnings release offer clues to the business conditions for the period whose results are coming out. Our proprietary surprise prediction model -- the Zacks Earnings ESP (Expected Surprise Prediction) -- has this insight at its core. The Zacks Earnings ESP compares the Most Accurate Estimate to the Zacks Consensus Estimate for the quarter; the Most Accurate Estimate is a more recent version of the Zacks Consensus EPS estimate. The idea here is that analysts revising th ...
Howard Hughes Holdings Inc. Board of Directors Approves Separation of Seaport Entertainment Group Inc.
Newsfilter· 2024-07-18 23:09
THE WOODLANDS, Texas, July 18, 2024 (GLOBE NEWSWIRE) -- Howard Hughes Holdings Inc. (NYSE: HHH) (the "Company" or "HHH") announced today that its Board of Directors has authorized and declared a pro rata distribution (the "Distribution") of 100% of the outstanding shares of common stock of Seaport Entertainment Group Inc. ("Seaport Entertainment") to holders of record of HHH common stock as of the close of business on July 29, 2024 (the "Record Date"). The Distribution is expected to be payable after market ...