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

Howard Hughes (NYSE:HHH) released its earnings results on Wednesday. The company reported $3.25 earnings per share for the quarter, topping the consensus estimate 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 Performance

HHH stock opened at $74.12 on Thursday. The company has a debt-to-equity ratio of 1.98, a current ratio of 1.08 and a quick ratio of 1.08. The business has a 50-day moving average price of $75.88 and a 200 day moving average price of $77.20. The company has a market capitalization of $3.72 billion, a P/E ratio of 49.08 and a beta of 1.48. Howard Hughes has a 1-year low of $59.00 and a 1-year high of $87.77.

Howard Hughes Company Profile

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.