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Five Point Holdings Llc (FPH)
NYSE:FPH
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Earnings Data
Report Date
Jan 23, 2025TBA Not Confirmed
Period Ending
2025 (Q1)Consensus EPS Forecast
―Last Year’s EPS
0.03Same Quarter Last Year
Based on 0 Analysts Ratings
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Earnings Call Summary
Earnings Call Date:Nov 13, 2018
|% Change Since: 58.13%
|Next Earnings Date:Aug 13, 2018
Earnings Call Sentiment|Positive
The earnings call for Five Point Holdings LLC highlighted a record-breaking fourth quarter and full year 2024 with strong net income and successful land sales. The company showcased strategic growth initiatives and a positive outlook for 2025, with plans to expand through new capital partnerships. Despite facing macroeconomic headwinds and challenges in the insurance market, the overall sentiment remains optimistic.Company Guidance
During the call, Five Point Holdings provided guidance for the first quarter and full year of 2025, projecting a 10% increase in earnings over 2024, approaching $200 million in net income. The company reported record-breaking Q4 net income of $121 million and a full year net income of $177.6 million for 2024, marking seven consecutive quarters of profitability. They detailed strong liquidity with $555.9 million, comprising $430.9 million in cash and $125 million in borrowing availability. Strategic priorities for 2025 include maximizing value from existing master-planned communities, managing overhead costs, matching development expenditures with revenue generation, and seeking capital partners for new acquisitions. The company anticipates that most of their 2025 earnings will stem from their investment in and management of the Great Park Venture, with expectations of continued strong demand for residential land despite challenging market conditions.Record-Breaking Fourth Quarter
Generated net income of $121 million, the highest for Five Point in a single quarter, marking the seventh consecutive quarter of net income.
Successful Land Sales
Completed essential land sales in Valencia and Great Park, totaling over $447.2 million in aggregate purchase prices for home sites.
Strong Full Year Performance
Achieved record net income for the full year 2024 at $177.6 million, with total liquidity reaching $555.9 million.
Strategic Growth Initiatives
Announced plans to seek capital partners for new acquisitions and expand the asset-lighter land partnership and development model.
Positive Market Outlook
Expect earnings growth of approximately 10% in 2025, driven by continuous strong demand for residential land in California.
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FPH Earnings History
The table shows recent earnings report dates and whether the forecast was beat or missed. See the change in forecast and EPS from the previous year.
Beat
Missed
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FPH Earnings-Related Price Changes
Report Date | Price 1 Day Before | Price 1 Day After | Percentage Change |
|---|---|---|---|
| Jan 23, 2025 | $4.06 | $5.75 | +41.63% |
| Oct 17, 2024 | $4.20 | $4.09 | -2.62% |
| Jul 18, 2024 | $3.01 | $3.12 | +3.65% |
| Apr 18, 2024 | $3.10 | $3.09 | -0.32% |
Earnings announcements can affect a stock’s price. This table shows the stock's price the day before and the day after recent earnings reports, including the percentage change.
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FAQ
When does Five Point Holdings Llc (FPH) report earnings?
Five Point Holdings Llc (FPH) is schdueled to report earning on Jan 23, 2025, TBA Not Confirmed.
What is Five Point Holdings Llc (FPH) earnings time?
Five Point Holdings Llc (FPH) earnings time is at Jan 23, 2025, TBA Not Confirmed.
Where can I see when companies are reporting earnings?
You can see which companies are reporting today on our designated earnings calendar.
What companies are reporting earnings today?
You can see a list of the companies which are reporting today on TipRanks earnings calendar.
What is FPH EPS forecast?
Currently, no data Available
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