Howard Hughes Holdings Q2 Gaap EPS $0.42 Beats $0.23 Estimate, Sales $317.41M Beat $289.00M Estimate
Portfolio Pulse from Benzinga Newsdesk
Howard Hughes Holdings (NYSE:HHH) reported strong Q2 results with GAAP EPS of $0.42, significantly beating the analyst estimate of $0.23. Sales also surpassed expectations, coming in at $317.41 million compared to the $289.00 million estimate. This marks a substantial improvement from the same period last year.
July 26, 2024 | 11:03 am
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Howard Hughes Holdings (NYSE:HHH) reported Q2 GAAP EPS of $0.42, beating the analyst estimate of $0.23 by 82.61%. Sales were $317.41 million, surpassing the $289.00 million estimate. This represents a significant improvement from the same period last year.
The strong earnings and revenue beat, along with significant year-over-year improvement, are likely to positively impact HHH's stock price in the short term. Investors will view the substantial EPS and sales growth as a positive indicator of the company's performance.
CONFIDENCE 95
IMPORTANCE 90
RELEVANCE 100