HHC - Howard Hughes GAAP EPS of $1.07 beats by $0.10 revenue of $482.01M beats by $39.11M
- Howard Hughes press release ( NYSE: HHC ): Q4 GAAP EPS of $1.07 beats by $0.10 .
- Revenue of $482.01M (-40.2% Y/Y) beats by $39.11M .
- MPC EBT totaled $77 million in the quarter with continued strong land sales and record quarterly residential price per acre sold and builder price participation revenue
- Closed on 159 condo units in Ward Village generating $217 million in net revenue
- Robust condo pre-sales at Kalae ® , Ulana, and The Park Ward Village with a total of 254 units contracted
- Sold two retail assets in The Woodlands ® generating $39 million in net proceeds
- Closed on nearly $1 billion in financings, reducing maturities in 2023 and 2024 to $228 million.
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Howard Hughes GAAP EPS of $1.07 beats by $0.10, revenue of $482.01M beats by $39.11M