NYSE$HHH

Howard Hughes Holdings Inc · Q1 2025 earnings

Q1 2025 earnings · · After market close · Investor relations

Briefing

Howard Hughes Holdings reported Q1 2025 revenue of $199.3M.

For Q1 2025, Howard Hughes Holdings reported Revenue was $199.3M. Management discusses operating trends, liquidity, and outlook in the quarterly filing.

  • Revenue $199.3M for Q1 2025.
  • MD&A highlights operating priorities, liquidity, and sector-specific risks.
  • MD&A highlights operating priorities, liquidity, and sector-specific risks.

Headline financials

Total Revenue

$199M

Previous: $171M+16.5%
EPS (adj)

$1.27

Previous: -$1.06+219.8%
MPC EBT

$63.3M

Previous: $24.3M+160.9%
Total Operating Assets NOI

$71.6M

Previous: $65.6M+9.1%
Residential acres sold

70

Previous: 31+125.8%
Residential price per acre

$991K

Previous: $600K+65.2%
New homes sold

543

No prior period
Multifamily NOI

$15.8M

Previous: $13.8M+14.7%
Retail NOI

$13.8M

Previous: $14.2M-2.4%
Office NOI

$32.9M

Previous: $30.6M+7.5%
Condo units contracted to sell

27

No prior period
Stabilized multifamily leased %

96.0%

No prior period
Stabilized office leased %

88.0%

No prior period
Capital Expenditures

-$66.6M

Previous: -$71.7M+7.1%
Net Income

$10.8M

Previous: -$52.5M+120.7%
Operating Income

$47.9M

Previous: -$16.7M+386.5%

Revenue & EPS history

Howard Hughes · Revenue · Quarterly

$199M

Q1 2025+16.5%vs Q1 2024
Beat estimate in 2 of 4 quarters(50%)
ActualEstimate

Revenue by segment

Howard Hughes · $482M total across 5 segments · Q4 2022

  • Condominium rights and unit sales
    $217M—
  • Master Planned Communities land sales
    $117M—
  • Rental revenue
    $103M—
  • Other land, rental, property revenues
    $24.6M—
  • Builder price participation
    $19.9M—

Forward guidance

Real estate and finance outlook focuses on rates, portfolio yield, and asset values.

Tailwinds

  • Portfolio yield and origination pipeline.
  • Balance-sheet flexibility.

Headwinds

  • Interest-rate and credit spread moves.
  • Sector-specific regulatory or occupancy risk.

Historical earnings impact

How earnings announcements have historically affected this stock's price.

Avg. return before/after earnings

Based on 11 quarterly earnings reports · overlaid with Q1 2025

Historical avgQ1 2025

+0.7%

Avg return

Earnings day

-1.0%

Avg return

5 days after

-0.2%

Avg return

30 days after

45%

5 / 11 earnings

Positive

+11.3%

Q3 2025

Best reaction

-9.7%

Q4 2025

Worst reaction

Earnings price reactions
QuarterReport dateReaction (Day 0)+5 days+30 days
Q1 2026+3.5%+1.0%+2.4%
Q4 2025-9.7%-11.5%-25.0%
Q3 2025+11.3%+7.3%+6.5%
Q2 2025+1.7%+4.7%+14.1%
Q1 2025+1.8%+4.3%-0.1%
Q4 2024+0.4%-0.2%+0.3%
Q3 2024-0.4%-1.6%-2.0%
Q2 2024+0.0%-0.4%+13.8%
Q1 2024+0.0%-8.1%-10.3%
Q4 2022+0.0%-3.1%-4.1%
Q3 2022-1.2%-3.1%+2.6%

Discussion

Share your read of this quarter. Sign-in carries your eToro identity.

Join the conversation

Sign in with eToro to post your read of this quarter and vote on others'.

Sign in with eToro