Howard Hughes (NYSE:HHH) Announces Earnings Results, Beats Expectations By $0.40 EPS

Howard Hughes (NYSE:HHH) issued its quarterly earnings results on Wednesday. The company reported $3.25 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $2.85 by $0.40, Zacks reports. Howard Hughes had a return on equity of 3.38% and a net margin of 6.57%.

Howard Hughes Stock Down 1.8 %

NYSE:HHH opened at $74.12 on Thursday. Howard Hughes has a twelve month low of $59.00 and a twelve month high of $87.77. The company has a market cap of $3.72 billion, a price-to-earnings ratio of 49.08 and a beta of 1.48. The stock has a fifty day simple moving average of $75.88 and a 200-day simple moving average of $77.20. The company has a current ratio of 1.08, a quick ratio of 1.08 and a debt-to-equity ratio of 1.98.

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.