The earnings call reflected a strong quarter for Howard Hughes Holdings with record land sales and increased operating cash flow guidance. Despite some challenges in new home sales and retail NOI, the strategic direction, including the planned insurance acquisition, indicates a positive outlook for future growth.

Company Guidance

During the Howard Hughes Holdings Second Quarter 2025 Earnings Call, the company provided robust guidance updates, showcasing strong financial and operational metrics. They reported an adjusted operating cash flow of $91 million or $1.64 per diluted share for the quarter. Full-year guidance for adjusted operating cash flow was increased to a range between $385 million and $435 million, with a midpoint of $410 million, reflecting a $60 million increase from the original guidance. The Master Planned Communities (MPC) segment delivered exceptional earnings before taxes (EBT) of $102 million, driven by record land sales, including a new high average price per acre of $1.35 million. The Operating Asset segment recorded a 5% year-over-year growth in net operating income (NOI), reaching $69 million. The company also maintained its cash G&A and condo sales guidance, projecting condo revenues of approximately $375 million for the year. With a strong balance sheet, including $1.4 billion of cash and $515 million in undrawn credit, Howard Hughes Holdings is well-positioned to further capitalize on its diversified strategic initiatives.

Record Land Sales and Prices

The company achieved a new record high average price per acre of $1.35 million, a 29% increase over last year, with Summerlin leading with a record average price per acre of $1.6 million.

Strong Operating Asset Performance

Operating assets set a new record quarterly NOI with a 5% year-over-year increase, driven by a 6% increase in office NOI and a 19% increase in multifamily NOI.

Raising Full Year Guidance

Full year guidance for adjusted operating cash flow increased to a range between $385 million and $435 million, with a midpoint increase of $60 million compared to the original guidance.

Reduced Debt Maturities

Successfully reduced near-term debt maturities to $282 million for 2025 and extended the construction loan on Marlow multifamily properties to April 2027.

Strategic Insurance Acquisition Plans

Plans to acquire a diversified insurance operation, aiming to grow intrinsic value per share at a high rate over time, leveraging investment operations similar to Berkshire Hathaway.

Howard Hughes Holdings (HHH) Earnings, Revenues Date & History

The upcoming earnings date is based on a company’s previous reporting, and may be updated when the actual date is announced

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HHH Earnings History

Report Date	Fiscal Quarter	Forecast / EPS	Last Year's EPS	EPS YoY Change	Slides	Play Transcript
Nov 10, 2025	2025 (Q3)	1.32 / -	1.95	―	―	―
Aug 06, 2025	2025 (Q2)	0.76 / -0.22	0.4	-155.00% (-0.62)
May 07, 2025	2025 (Q1)	0.11 / 0.21	-1.01	120.79% (+1.22)
Feb 26, 2025	2024 (Q4)	2.92 / 3.25	0.657	394.67% (+2.59)
Nov 04, 2024	2024 (Q3)	0.05 / 1.95	-10.452	118.66% (+12.40)
Jul 26, 2024	2024 (Q2)	0.22 / 0.40	-0.372	207.53% (+0.77)
May 08, 2024	2024 (Q1)	-0.67 / -1.01	-0.438	-130.59% (-0.57)
Feb 27, 2024	2023 (Q4)	0.21 / 0.66	1.02	-35.59% (-0.36)
Nov 06, 2023	2023 (Q3)	-0.04 / -10.45	2.087	-600.81% (-12.54)
Aug 08, 2023	2023 (Q2)	-0.25 / -0.39	0.42	-192.86% (-0.81)

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

HHH Earnings-Related Price Changes

Report Date	Price 1 Day Before	Price 1 Day After	Percentage Change
Aug 06, 2025	$69.13	$70.30	+1.69%
May 07, 2025	$68.70	$69.92	+1.78%
Feb 26, 2025	$74.10	$77.42	+4.48%
Nov 04, 2024	$75.93	$80.95	+6.61%

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.

FAQ

When does Howard Hughes Holdings Inc. (HHH) report earnings?

Howard Hughes Holdings Inc. (HHH) is schdueled to report earning on Nov 10, 2025, After Close (Confirmed).

What is Howard Hughes Holdings Inc. (HHH) earnings time?

Howard Hughes Holdings Inc. (HHH) earnings time is at Nov 10, 2025, After Close (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 HHH EPS forecast?

HHH EPS forecast for the fiscal quarter 2025 (Q3) is 1.32.

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