Howard Hughes (NYSE:HHH) Announces Quarterly Earnings Results

Howard Hughes (NYSE:HHH) announced its earnings results on Wednesday. The company reported $3.25 EPS 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 Price Performance

NYSE HHH traded down $1.34 on Wednesday, hitting $74.12. 478,942 shares of the company were exchanged, compared to its average volume of 506,603. The company has a current ratio of 1.08, a quick ratio of 1.08 and a debt-to-equity ratio of 1.98. The company has a market cap 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. The firm has a 50 day moving average of $75.92 and a two-hundred day moving average of $77.22.

About Howard Hughes

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.