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Howard Hughes Holdings Announces Victory for 250 Water Street Project in Lower Manhattan
globenewswire.com· 2024-05-21 20:01
Safe Harbor Statement NEW YORK, May 21, 2024 (GLOBE NEWSWIRE) -- Howard Hughes Holdings Inc. (NYSE: HHH) today announced a victorious decision by the New York State Court of Appeals for its planned 250 Water Street project in Lower Manhattan, clearing the way for the Seaport development to proceed. Today's court decision upheld the Appellate Court's ruling in favor of the project, and together with the State's extension of the recent 421-a tax exemption, has cleared all existing impediments to construction ...
Howard Hughes (HHH) - 2024 Q1 - Earnings Call Transcript
2024-05-09 15:23
Howard Hughes Holdings Inc. (NYSE:HHH) Q1 2024 Earnings Conference Call May 9, 2024 10:00 AM ET Company Participants Eric Holcomb - Senior Vice President, Investor Relations David O'Reilly - Chief Executive Officer Dave Striph - President of Asset Management & Operations Jay Cross - President Carlos Olea - Chief Financial Officer Conference Call Participants Anthony Paolone - JPMorgan Alexander Goldfarb - Piper Sandler Alex Barron - Housing Research Center Operator Ladies and gentlemen, thank you for standi ...
Howard Hughes (HHH) - 2024 Q1 - Earnings Call Presentation
2024-05-09 15:11
Statements made in this presentation that are not historical facts, including statements accompanied by words such as "anticipate," "believe," "estimate," "expect," "forecast," "intend," "likely," "may," "plan," "project," "realize," "should," "transform," "would," and other statements of similar expression and other words of similar expression, are forward-looking statements within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934. ...
Howard Hughes Holdings (HHH) Reports Q1 Loss, Misses Revenue Estimates
Zacks Investment Research· 2024-05-08 22:21
Howard Hughes Holdings (HHH) came out with a quarterly loss of $1.06 per share versus the Zacks Consensus Estimate of a loss of $0.70. This compares to loss of $0.46 per share a year ago. These figures are adjusted for non-recurring items.This quarterly report represents an earnings surprise of -51.43%. A quarter ago, it was expected that this land developer would post earnings of $0.44 per share when it actually produced earnings of $0.69, delivering a surprise of 56.82%.Over the last four quarters, the co ...
Howard Hughes (HHH) - 2024 Q1 - Quarterly Report
2024-05-08 20:09
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 March 31, 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) (State or other jurisdiction of incorporation or organization) (I.R.S. employer iden ...
Howard Hughes (HHH) - 2024 Q1 - Quarterly Results
2024-05-08 20:04
Exhibit 99.1 "In our MPCs, new home sales climbed to 654 homes—the highest quarterly total across HHH's communities in three years—as limited availability of resale homes continued to drive homebuyers to new construction. Although residential land sales were muted in the first quarter—primarily due to the timing of contracted super pad sales in Summerlin which are expected to close in the second and third quarters—we continue to see low inventories of vacant developed lots within our markets. As a result, h ...
Billionaire Investor Bill Ackman Is Betting 15% of His Entire Portfolio on This 1 Stock
The Motley Fool· 2024-04-11 11:15
Investor Bill Ackman is legendary for his big bets. Howard Hughes Holdings is one of his biggest.Bill Ackman is the billionaire hedge fund manager behind Pershing Square Holdings. He has been crushing the market for years. For instance, since 2019, his portfolio has tripled in value. Ackman doesn't diversify his portfolio for the sake of diversification. When he likes a stock, he goes all in. Right now, he has more than 15% of his portfolio invested in a single company. He has owned this stock for years, an ...
Howard Hughes Holdings Inc. Announces Dates and Times for 2024 First Quarter Earnings Release and Conference Call
Newsfilter· 2024-04-09 11:17
THE WOODLANDS, Texas, April 09, 2024 (GLOBE NEWSWIRE) -- Howard Hughes Holdings Inc. (NYSE:HHH) ("the Company" or "Howard Hughes") announced today that the Company will release 2024 first quarter earnings on Wednesday, May 8, 2024, after the market closes and will hold its first quarter conference call on Thursday, May 9, 2024, at 10:00 a.m. Eastern Time. The Company's earnings release will be posted to the Investors section of the Company's website prior to the conference call. Please visit the Howard Hugh ...
Scot Sellers to Be Named Chairman of the Board of Howard Hughes Holdings Inc. at Company's Upcoming Annual Meeting
Newsfilter· 2024-04-04 11:17
Long-time HHH Board Member and former Archstone CEO to succeed Bill Ackman as Board Chairman;Pershing Square Capital Management, L.P. Partner Ben Hakim to be nominated to Howard Hughes Board of Directors to replace Ackman who will not stand for reelection THE WOODLANDS, Texas, April 04, 2024 (GLOBE NEWSWIRE) -- Howard Hughes Holdings Inc. (NYSE:HHH) announced today that long-time Howard Hughes board member Scot Sellers will be named Chairman of its Board of Directors at HHH's upcoming annual meeting. Seller ...
Howard Hughes Announces First Four Homebuilders for Teravalis™
Newsfilter· 2024-04-03 11:17
PHOENIX, April 03, 2024 (GLOBE NEWSWIRE) -- Howard Hughes Holdings Inc. (NYSE:HHH) announced today the first four homebuilders for the launch of Teravalis™, the company's new 37,000-acre community in the Phoenix West Valley. Lennar, Brightland Homes, KB Home, and Courtland Communities will build the initial homes in Floreo, the first village being developed in Teravalis, that is expected to deliver the community's first 5,000 homes to the market over the next decade. "We are pleased to begin residential dev ...