Howard Hughes Q3 2023 Adj EPS $0.22 Beats $(0.06) Estimate, Sales $268.66M Beat $233.00M Estimate
Portfolio Pulse from saritha@benzinga.com
Howard Hughes (NYSE:HHH) reported Q3 2023 earnings of $0.22 per share, beating the analyst consensus estimate of $(0.06) by 466.67%. The company also reported quarterly sales of $268.66 million, surpassing the analyst consensus estimate of $233.00 million by 15.30%. However, this represents a decrease in earnings and sales compared to the same period last year.
November 06, 2023 | 9:33 pm
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NEUTRAL IMPACT
Howard Hughes' Q3 2023 earnings and sales beat estimates, which could positively impact the stock. However, the decrease in earnings and sales compared to last year might temper this impact.
Howard Hughes' earnings and sales for Q3 2023 exceeded analyst estimates, which is typically a positive signal for the stock. However, the fact that these figures represent a decrease compared to the same period last year could temper investor enthusiasm, leading to a neutral short-term impact on the stock.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100