Howard Hughes Holdings Q4 EPS Seen Plunging 90.5% to $0.31 on 37.7% Revenue Drop
Howard Hughes Holdings is projected to report Q4 EPS of $0.31, down 90.5% year-over-year, on revenues of $613.03 million, a decline of 37.7%. Analysts forecast segment revenues to range from a 50.3% drop in Strategic Developments ($388.63M) to a 34.2% increase in land sales ($90.89M).
1. Q4 Earnings Forecast
Howard Hughes Holdings is projected to report Q4 EPS of $0.31 per share, a 90.5% year-over-year decline, on revenues of $613.03 million, down 37.7% from the same period last year.
2. Segment Revenue Outlook
Master Planned Community land sales are forecast to reach $90.89 million (+34.2%), Strategic Developments segment revenues are seen at $388.63 million (-50.3%), Operating Assets segment at $114.23 million (+1.5%) and Master Planned Communities at $110.17 million (+23.4%).
3. Analyst Estimate Trends
Consensus EPS estimates for the quarter have remained unchanged over the past 30 days, indicating analysts are holding their Q4 views steady ahead of the earnings release.
4. Recent Share Performance
Shares have slipped 1.8% over the last month, closely tracking the S&P 500's 1.7% decline, as investors await the upcoming earnings report.