2024-07-26 13:47:09 ET
Howard Hughes Holdings Inc. (HHH)
Q2 2024 Earnings Call
July 26, 2024 09:30 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 Barron - Housing Research Center
Presentation
Operator
Good day and welcome to Howard Hughes Holdings Second Quarter 2024 Earnings Conference Call. [Operator Instructions] Please be advised that today’s conference is being recorded. It is now my pleasure to introduce Senior Vice President of Investor Relations, Eric Holcomb.
Eric Holcomb
Good morning from our headquarters here in the Woodlands, Texas and welcome to Howard Hughes Holdings second quarter 2024 earnings call. With me today are David O’Reilly, Chief Executive Officer; Jay Cross, President; Carlos Olea, Chief Financial Officer; Dave Striph, President of Asset Management and Operations; and Joe Valane, General Counsel.
Before we begin, I would like to direct you to our website, howardhughes.com where you can download both our second quarter earnings press release and our supplemental package. The earnings release and supplemental package include reconciliations of non-GAAP financial measures that will be discussed today in relation to their most directly comparable GAAP financial measures. Certain statements made today that are not in the present tense or that discuss the company’s expectations are forward-looking statements within the meaning of the federal securities laws. Although the company believes that the expectations reflected in such forward-looking statements are based upon reasonable assumptions, we can give no assurance that these expectations will be achieved. Please see the forward-looking statements disclaimer in our second quarter earnings press release and the risk factors in our SEC filings for factors that could cause material differences between forward-looking statements and actual results. We are not under any duty to update forward-looking statements unless required by law.
I will now turn the call over to our CEO, David O’Reilly.
David O’Reilly
Thank you, Eric. Good morning, everyone and welcome to our second quarter earnings call. On our call today, I am going to begin with a recap of the quarter and cover the segment highlights for our master planned communities in the Seaport. Dave Stripe will cover the performance of our operating assets, followed by remarks from Jay Cross, who will provide updates on our strategic development projects. Finally, Carlos Olea will review our latest full year guidance and the balance sheet before we open up the lines for Q&A....
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Howard Hughes Holdings Inc. (HHH) Q2 2024 Earnings Call Transcript