Howard Hughes reports Q3 EPS $1.95 vs. 64c last year

Reports Q3 revenue $327.15M vs. $228.47M last year. “Howard Hughes (HHH) continued to defy the market’s national narrative in the third quarter, producing outstanding financial results-including record MPC EBT-across our entire portfolio of world class assets which ultimately contributed to increased full-year guidance in each of our segments,” commented David R. O’Reilly, CEO of Howard Hughes. “In the quarter, we also completed our transformative spinoff of Seaport Entertainment, embarking on a new chapter as a pure-play real estate company. With a streamlined portfolio and refined strategic focus on the development of our world-class master planned communities, we anticipate many exciting opportunities for growth and incremental value creation in the years to come.”