Howard Hughes Holdings (HHH) came out with a quarterly loss of $1.06 per share versus the Zacks Consensus Estimate of a loss of $0.70. This compares to loss of $0.46 per share a year ago. These figures are adjusted for non-recurring items. This quarterly report represents an earnings surprise of -51.43%. A quarter ago, it was expected that this land developer would post earnings of $0.44 per share when it actually produced earnings of $0.69, delivering a surprise of 56.82%. Over the last four quarters, the ...

UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 10-Q ☒ Quarterly report pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934 For the quarterly period ended March 31, 2024 or ☐ Transition report pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934 Commission file number 001-41779 HOWARD HUGHES HOLDINGS INC. (Exact name of registrant as specified in its charter) Delaware 93-1869991 (State or other jurisdiction of incorporation or organization) ( ...

Exhibit 99.1 HOWARD HUGHES HOLDINGS INC. REPORTS FIRST QUARTER 2024 RESULTS Strong momentum continues into the first quarter, reaffirming expectations for a robust 2024 THE WOODLANDS, Texas, May 8, 2024 – Howard Hughes Holdings Inc. (NYSE: HHH) (the “Company,” “HHH,” or “we”) today announced operating results for the first quarter ended March 31, 2024. The financial statements, exhibits, and reconciliations of non-GAAP measures in the attached Appendix and the Supplemental Information at Exhibit 99.2 provid ...

投资者Bill Ackman - Bill Ackman是一位传奇的大赌注者，他对Howard Hughes Holdings的投资是其中之一[1] - Bill Ackman是亿万富翁对冲基金经理，他的投资组合自2019年以来增值了三倍[1] - Ackman不会为了分散风险而分散投资组合，当他喜欢一只股票时，他会全力以赴[1] - Ackman目前将超过15%的投资组合投资在一家公司上，他持有这支股票已经多年，认为它有很大的上涨空间[2] Howard Hughes Holdings - Howard Hughes Holdings是一家市值35亿美元的复杂公司，拥有一系列奇特的资产，包括纽约市的商业地产、美国西部和南部的规划社区以及拉斯维加斯一处著名物业上的建筑权[3] - 公司在上市时，股价低于账面价值，市场并没有正确理解公司资产的价值[4] - 在过去几年里，市场对公司的估值出现波动，有时达到账面价值的2.5倍以上，但在2020年初因为疫情导致对办公和商业地产敞口的股票担忧而暴跌[5] - 最近，Howard Hughes宣布了简化业务的计划，目前市值为35亿美元，仅为账面价值的1.15倍，这是跟随Ackman投资具有潜在复苏潜力的便宜企业的绝佳时机[6] Howard Hughes的未来规划 - Howard Hughes计划剥离几项非核心资产，包括位于曼哈顿下城的South Street Seaport、拉斯维加斯Aviators小联盟棒球队、拉斯维加斯Fashion Show Mall上方的建筑权以及Jean-Georges餐厅的25%股权[10] - 未来Howard Hughes将主要拥有在亚利桑那、内华达、夏威夷和德克萨斯等增长地区的规划社区组合，这些社区是房地产开发的一站式解决方案，公司拥有大量土地，通过开发规划社区或通过土地升值等方式实现长期收益[11][12] - Howard Hughes的规划社区资产历史上每年的股东权益回报率约为18%，这应该会带来高于1.15倍账面价值的价格，但需要时间来实现这个价值，Ackman看起来准备耐心等待[14]

公司信息 - Howard Hughes Holdings Inc.将于2024年5月8日发布2024年第一季度财报[1] - 可以通过Howard Hughes官网收听财报电话会议[2] - Howard Hughes Holdings Inc.拥有、管理和开发美国各地的商业、住宅和综合用途房地产[3]

Long-time HHH Board Member and former Archstone CEO to succeed Bill Ackman as Board Chairman; Pershing Square Capital Management, L.P. Partner Ben Hakim to be nominated to Howard Hughes Board of Directors to replace Ackman who will not stand for reelection THE WOODLANDS, Texas, April 04, 2024 (GLOBE NEWSWIRE) -- Howard Hughes Holdings Inc. (NYSE:HHH) announced today that long-time Howard Hughes board member Scot Sellers will be named Chairman of its Board of Directors at HHH's upcoming annual meeting. Selle ...

PHOENIX, April 03, 2024 (GLOBE NEWSWIRE) -- Howard Hughes Holdings Inc. (NYSE:HHH) announced today the first four homebuilders for the launch of Teravalis™, the company's new 37,000-acre community in the Phoenix West Valley. Lennar, Brightland Homes, KB Home, and Courtland Communities will build the initial homes in Floreo, the first village being developed in Teravalis, that is expected to deliver the community's first 5,000 homes to the market over the next decade. "We are pleased to begin residential dev ...

财务数据和关键指标变化 - 2023年全年MPC EBT达到341百万美元,同比增长21% [11][15][17] - 2023年全年MPC平均住宅价格达到每英亩944,000美元,创历史新高 [17] - 2023年全年新房销量近2,300套,同比增长45% [18][19] 各条业务线数据和关键指标变化 - 多户型住宅业务2023年全年NOI达53百万美元,同比增长16% [32] - 办公业务2023年全年NOI达118百万美元,同比增长6% [37] - 零售业务2023年全年NOI达52百万美元,与上年持平 [42] 各个市场数据和关键指标变化 - 2023年Summerlin和Bridgeland分别成为全美第四和第五大销量最高的MPC [19] - 2024年预计Summerlin和Bridgeland的新房销量和土地销售将保持强劲 [22][23] - 2024年预计Teravalis新MPC在佛罗里达的首批地块销售将在上半年完成 [23] 公司战略和发展方向及行业竞争 - 公司计划将Seaport业务分拆为独立上市公司Seaport Entertainment [28][29] - 公司正在开发多个新的商业和住宅项目,包括在Summerlin、The Woodlands和Bridgeland等MPC [48][49][50][52][54][55][56][59] - 公司在夏威夷Ward Village开发的新公寓项目均已实现高比例预售 [59] - 公司计划在The Woodlands推出首个Ritz-Carlton品牌公寓项目 [56] 管理层对经营环境和未来前景的评论 - 管理层认为2024年MPC业务EBT将保持强劲,但可能较2023年有10%-15%的下降 [62][63] - 管理层预计2024年运营资产NOI将增长1%-4% [64] - 管理层对公司未来发展前景保持乐观,认为公司在主要市场的主导地位和项目管线将推动净资产价值的增长 [72][73][74] 问答环节重要的提问和回答 问题1 **Alexander Goldfarb 提问** 公司在当前建筑贷款市场环境下,如何确保项目融资 [77][78][79][80][81] **David O'Reilly 回答** 公司仍能完成所有计划的项目,但融资过程更加困难和耗时,需要更多努力去寻找建筑贷款 [83][84] 问题2 **Anthony Paolone 提问** 公司新启动项目的预期收益如何 [91][92][93][94][95][96][97][98][99] **David O'Reilly 回答** 公司将在项目开工前确定具体收益目标,不同项目的收益水平会有所不同,但整体上仍能为股东创造价值 [92][93][94][95][96][97][98][99] 问题3 **Unidentified Analyst 提问** 公司是否考虑在其他MPC开发公寓项目 [110][111] **David O'Reilly 回答** 公司正在评估在Summerlin等其他MPC开发公寓项目的机会,但目前还为时尚早 [110][111]

The HHH Opportunity Forward-Looking Statements Statements made in this presentation that are not historical facts, including statements accompanied by words such as “anticipate,” “believe,” “estimate,” “expect,” “forecast,” “intend,” “likely,” “may,” “plan,” “project,” “realize,” “should,” “transform,” “would,” and other statements of similar expression and other words of similar expression, are forward-looking statements within the meaning of Section 27A of the Securities Act of 1933, as amended, and Secti ...

UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 10-K (MARK ONE) ☒ ANNUAL REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the fiscal year ended December 31, 2023 or ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from to Commission File Number 001-41779 HOWARD HUGHES HOLDINGS INC. (Exact name of registrant as specified in its charter) Delaware 93-1869991 (State or other jurisdic ...