Citi Upgrades Howard Hughes Corp (HHC) to Buy
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Howard Hughes Corp. (HHC) Reports Q4 EPS of $3.46, Beats on Revenues
February 26, 2018 5:02 PM ESTNote: EPS may not be comparable
Howard Hughes Corp. (NYSE: HHC) reported Q4 EPS of $3.46, versus $0.23 reported last year. Revenue for the quarter came in at $300.98 million versus the consensus estimate of $228.9 million.
Fourth Quarter 2017 Highlights
Net income attributable to common stockholders increased to $149.1 million or $3.46 per diluted share for the three months ended December 31, 2017, as compared to $43.6 million, or $1.02 per diluted share, for the three months ended December 31, 2016, due in large part to a $94.0 million tax benefit primarily driven by the Tax Act.Total NOI from operating assets was $36.2 million for... More