Howard Hughes (NYSE:HHH - Get Free Report) released its earnings results on Wednesday. The company reported $3.25 earnings per share for the quarter, beating analysts' consensus estimates of $2.85 by $0.40, Zacks reports. The company had revenue of $983.59 million for the quarter, compared to analysts' expectations of $949.18 million. Howard Hughes had a net margin of 6.57% and a return on equity of 3.38%.
Howard Hughes Trading Up 2.4 %
NYSE:HHH traded up $1.89 during midday trading on Friday, hitting $79.31. 876,475 shares of the company traded hands, compared to its average volume of 525,540. 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 firm has a market capitalization of $3.98 billion, a P/E ratio of 52.52 and a beta of 1.48. Howard Hughes has a 12-month low of $59.00 and a 12-month high of $87.77. The firm's fifty day moving average is $75.98 and its 200-day moving average is $77.32.
About Howard Hughes
(
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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.
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