secwatch.observer — SEC 8-K summary
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Issuer:     Five Point Holdings, LLC (FPH)
CIK:        0001574197
Form:       8-K
Filed at:   2024-10-17T23:59:59+00:00
Accession:  0001574197-24-000079
Event type: earnings
Sentiment:  positive
Materiality: 0.70
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Five Point Q3 2024 net income $12.3M, reaffirms FY guidance >$100M
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- Consolidated net income $12.3M (sixth consecutive profitable quarter); net income attributable to Company $4.8M.
- Great Park Venture closed two commercial land sales (12.8 acres, $25.4M); Company received $38.9M distributions from its 37.5% stake.
- Builder sales: 166 homes at Great Park, 89 at Valencia during Q3.
- Renewed development management agreement with Great Park Venture through Dec 2026.
- Cash $224.5M, liquidity $349.5M, debt/cap 20.5%; reaffirms FY net income >$100M and cash >$300M.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1574197/000157419724000079/0001574197-24-000079-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1574197/000157419724000079/fph-20241017.htm
  HTML page:      https://secwatch.observer/filing/0001574197-24-000079

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