HHC - Howard Hughes GAAP EPS of -$0.39 misses by $0.08 revenue of $223.3M beats by $5.51M

2023-08-08 16:46:07 ET

• Howard Hughes press release ( NYSE: HHC ): Q2 GAAP EPS of -$0.39 misses by $0.08 .
• Revenue of $223.3M (-19.3% Y/Y) beats by $5.51M .
• 2023 MPC EBT is now expected to be flat to down 10% year-over-year.
• Condo sales revenues, which were previously projected to range between $45 million and $55 million with gross margins between 25% to 28%, are now expected to range between $40 million and $45 million with gross margins between 10% to 13%.

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