Howard Hughes

The Howard Hughes Corp. engages in the development and management of commercial, residential, and mixed-use real estate. It operates through the following segments: Operating Assets, Master Planned Communities, Seaport District, and Strategic Developments. The Operating Assets segment consists of retail, office, hospitality, and multi-family properties along with other real estate investments. The Master Planned Communities segment focuses on the development and sale of land in large-scale, long-term community development projects in and around Las Vegas, Nevada, Houston, Texas, and Columbia, Maryland. The Seaport District operates approximately 453,000 square feet of restaurant, retail, and entertainment properties situated in three primary locations in New York, New York: Pier 17, Historic Area/Uplands, and Tin Building. The Strategic Developments segment is involved in other real estate assets in the form of entitled and unentitled land and residential condominium developments. The company was founded in July 2010 and is headquartered in Woodlands, TX.

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Howard Hughes Holdings Inc. is a holding company. It operates through the following segments: Operating Assets, MPCs, Strategic Developments, and Seaport. The MPC segment is involved in the horizontal development of residential land and selling the improved acreage to homebuilders for the eventual sale of homes to new residents. The Strategic Developments segment focuses on building commercial properties at the appropriate time using the cash flow harvested from the sale of land to homebuilders which helps mitigate development risk. The Seaport segment includes a few multiblock districts largely under private management by a single owner and is being revitalized and enhanced into a mixed-use neighborhood featuring unique culinary and entertainment offerings. The company was founded on June 9, 2023 and is headquartered in The Woodlands, TX.

Billionaire hedge fund boss Bill Ackman is looking to bounce back from his botched Pershing Square USA IPO by eyeing a deal to take the Howard Hughes real estate firm private, regulatory filings show.

Billionaire Bill Ackman mulls deal to take Seaport developer Howard Hughes' firm private

The Howard Hughes Corporation (NYSE:HHC ) Q2 2023 Earnings Conference Call August 9, 2023 10:00 AM ET Company Participants Eric Holcomb – Senior Vice President-Investor Relations David O'Reilly – Chief Executive Officer Dave Striph – Head-Operations Jay Cross – President Carlos Olea – Chief Financial Officer Conference Call Participants Alexander Goldfarb – Piper Sandler Anthony Paolone – J.P. Morgan John Kim – BMO Capital Markets Peter Abramowitz – Jefferies Alex Barron – Housing Research Center Hamed Khorsand – BWS Financial Alexander Goldfarb – Piper Sandler Operator Good day, and welcome to The Howard Hughes Corporation's Second Quarter 2023 Earnings Call.

The Howard Hughes Corporation (HHC) Q2 2023 Earnings Call Transcript

Howard Hughes (HHC) came out with a quarterly loss of $0.39 per share versus the Zacks Consensus Estimate of a loss of $0.21. This compares to earnings of $0.42 per share a year ago.

Howard Hughes (HHC) Reports Q2 Loss, Tops Revenue Estimates

Although the revenue and EPS for Howard Hughes (HHC) give a sense of how its business performed in the quarter ended June 2023, it might be worth considering how some key metrics compare with Wall Street estimates and the year-ago numbers.

Howard Hughes (HHC) Reports Q2 Earnings: What Key Metrics Have to Say

Strong MPC home sales and Operating Assets performance contribute to improved outlook and increased full year 2023 guidance expectations HOUSTON , Aug. 8, 2023 /PRNewswire/ -- The Howard Hughes Corporation® (NYSE: HHC) (the "Company," "HHC" or "we") today announced operating results for the second quarter ended June 30, 2023. The financial statements, exhibits, and reconciliations of non-GAAP measures in the attached Appendix and the Supplemental Information, as available through the Investors section of our website, provide further detail of these results.

THE HOWARD HUGHES CORPORATION® REPORTS SECOND QUARTER 2023 RESULTS

New Home Sales Momentum Continues Across The Howard Hughes Corporation® Portfolio HOUSTON, Aug. 1, 2023 /PRNewswire/ -- Two award-winning communities of The Howard Hughes Corporation® (NYSE: HHC)—Summerlin® in Las Vegas, NV, and Bridgeland® in the Greater Houston, TX area—ranked among the country's best-selling master planned communities, according to a mid-year report released by national real estate consultant RCLCO. Summerlin ranked #5 on the RCLCO list with 544 new homes sold during the first half of 2023 and continues to be Nevada's top-selling MPC.

RCLCO Ranks Summerlin® and Bridgeland® Among Nation's Best-Selling Master Planned Communities in 2023 Mid-Year Report

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Howard Hughes Holdings Inc

Howard Hughes Corp. HHC, +1.73% said late Tuesday that its board has authorized a reorganization into a holding company, which will lead to a ticker-symbol change. The transformation involves the incorporation of a new holding company that will become the new parent and the new public company trading on the New York Stock Exchange.

Howard Hughes to trade under different ticker after reorganization

HOUSTON , July 18, 2023 /PRNewswire/ -- As previously announced by the Company on July 17, 2023, the Board of Directors of the Company has authorized the Company to proceed with the implementation of a holding company reorganization, which will involve the incorporation of a new holding company that will become the new parent company of the Company and will replace the Company as the public company trading on the New York Stock Exchange.  The Company has determined that the name of the above-referenced holding company will be "Howard Hughes Holdings Inc."  The Company will continue to trade under the symbol "HHC" until and on the effective date of the reorganization, which is Friday, August 11, 2023.

THE HOWARD HUGHES CORPORATION® ANNOUNCES CREATION OF HOLDING COMPANY STRUCTURE

Howard Hughes Corp.'s stock HHC, -1.32% rose 2.6% in premarket trade Monday, after the company said its board has authorized the creation of a newly incorporated holding company structure, which will become the new parent and replace it as publicly traded entity on the New York Stock Exchange. The existing shares of The Howard Hughes Corporation stock, which mostly invests in real estate, will be automatically converted, on a one-for-one basis, into shares of common stock of The Howard Hughes Holding Corporation, which will retain the ticker symbol “HHC” as trading continues uninterrupted on the NYSE, the company said in a statement.

Howard Hughes to create new holding company structure to promote growth

HHC to Host Earnings Call on August 9, 2023 HOUSTON , July 10, 2023 /PRNewswire/ -- The Howard Hughes Corporation ® (NYSE: HHC) announced today that the Company will release 2023 second quarter earnings on Tuesday, August 8, 2023, after the market closes and will hold its second quarter conference call on Wednesday, August 9, 2023, at 10:00 a.m. Eastern Time.

THE HOWARD HUGHES CORPORATION® ANNOUNCES DATES AND TIMES FOR 2023 SECOND QUARTER EARNINGS RELEASE AND CONFERENCE CALL

HOUSTON , June 8, 2023 /PRNewswire/ -- The Howard Hughes Corporation® (NYSE: HHC) announced today the appointment of David Eun to the company's Board of Directors. An experienced C-suite executive and investor with over 25 years of experience in technology and media, Mr.

THE HOWARD HUGHES CORPORATION® ANNOUNCES APPOINTMENT OF DAVID EUN TO BOARD OF DIRECTORS

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Presentation and Live Webcast to be Held June 6, 2023, at 10:15 am ET HOUSTON , June 2, 2023 /PRNewswire/ -- The Howard Hughes Corporation ® (NYSE: HHC) announced today that Chief Executive Officer David O'Reilly will participate in a presentation moderated by Anthony Paolone from JP Morgan at NAREIT's REITweek 2023 Investor Conference in New York City on Tuesday, June 6, 2023, at 10:15 am ET.                 HHC's live presentation will be accessible via audio webcast using the link below.

THE HOWARD HUGHES CORPORATION® TO PRESENT AT NAREIT REITWEEK 2023 INVESTOR CONFERENCE

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Howard Hughes Corp (NYSE:HHC ) Q1 2023 Earnings Conference Call May 9, 2023 10:00 AM ET Company Participants Eric Holcomb - SVP, IR David O'Reilly - CEO & Director David Striph - EVP & Head, Operations Jay Cross - President Carlos Olea - CFO Conference Call Participants Anthony Paolone - JPMorgan Alexander Goldfarb - Piper Sandler John Kim - BMO Capital Markets Hamed Khorsand - BWS Financial Operator Good morning, and welcome to The Howard Hughes Corporation's First Quarter 2023 Earnings Call. [Operator Instructions] I'd now like to turn the conference over to Eric Holcomb, Senior Vice President of Investor Relations.

Howard Hughes Corp (HHC) Q1 2023 Earnings Call Transcript

Howard Hughes (HHC) came out with a quarterly loss of $0.46 per share versus the Zacks Consensus Estimate of a loss of $0.47. This compares to earnings of $0.04 per share a year ago.

Howard Hughes (HHC) Reports Q1 Loss, Misses Revenue Estimates

MPC land sales, a sharp recovery in new homes sold, Operating Assets   NOI growth, and solid leasing momentum all drive a strong start to the year HOUSTON , May 8, 2023 /PRNewswire/ -- The Howard Hughes Corporation® (NYSE: HHC) (the "Company," "HHC" or "we") today announced operating results for the first quarter ended March 31, 2023. The financial statements, exhibits, and reconciliations of non-GAAP measures in the attached Appendix and the Supplemental Information, as available through the Investors section of our website, provide further detail of these results.

THE HOWARD HUGHES CORPORATION® REPORTS FIRST QUARTER 2023 RESULTS

Bill Ackman (Trades, Portfolio) can't seem to get enough of The Howard Hughes Corp. ( HHC , Financial). According to GuruFocus Real-Time Picks, a Premium feature, the activist investor's Pershing Square Capital Management now owns 32.19% of the company's total shares outstanding after buying more shares on May 4, 2023.

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Howard Hughes Corporation: An Ever-Lasting Investment.

Howard Hughes Corporation: An Ever-Lasting Investment

Marking the fourth increase since the beginning of the year, billionaire investor Bill Ackman (Trades, Portfolio) disclosed earlier this week he boosted Pershing Square Capital Management's stake in The Howard Hughes Corp. ( HHC , Financial) by 0.11%.

Bill Ackman Continues to Build Up Howard Hughes Investment

HOUSTON, April 10, 2023 /PRNewswire/ -- The Howard Hughes Corporation® (NYSE: HHC) announced today that the Company will release 2023 first quarter earnings on Monday, May 8, 2023, after the market closes and will hold its first quarter conference call on Tuesday, May 9, 2023, at 10:00 a.m. Eastern Time. The Company's earnings release will be posted to the Investors section of the Company's website prior to the conference call.

THE HOWARD HUGHES CORPORATION® ANNOUNCES DATES AND TIMES FOR 2023 FIRST QUARTER EARNINGS RELEASE AND CONFERENCE CALL

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