---
schema_version: "secwatch.filing_event.v1"
accession: "0001628280-24-007196"
form_type: "8-K"
ticker: "HHH"
cik: "0001981792"
company_name: "Howard Hughes Holdings Inc."
filed_at: "2024-02-27T23:59:59+00:00"
generated_at: "2026-06-05T13:23:10.097717+00:00"
event_type: "earnings"
sentiment: "negative"
materiality_score: 0.85
calibrated_materiality_score: 0.85
confidence: "high"
source: SEC EDGAR
---

# Howard Hughes reports FY2023 net loss $551.8M on Seaport impairment; record MPC EBT $341M

## Summary
- FY2023 net loss of $551.8M ($11.13 diluted EPS) includes $548.5M after-tax Seaport impairment; vs net income $184.5M in 2022.
- Record MPC EBT of $341M (+21% YoY) driven by 45% increase in new home sales and 23% higher residential price/acre.
- Record Operating Assets NOI of $244M (+2% YoY, +4% ex-dispositions) led by multi-family growth of 16%.
- Q4 net income $34.3M ($0.69 EPS) vs $52.8M ($1.07) prior year; MPC EBT $139M (+82% YoY).
- 2024 guidance: MPC EBT expected ~$300M (down 10-15%), Operating Assets NOI ~$250M (up 1-4%), condo revenue $675-725M.

## SEC filing metadata
- accession: 0001628280-24-007196
- form_type: 8-K
- ticker: HHH
- cik: 0001981792
- company_name: Howard Hughes Holdings Inc.
- filed_at: 2024-02-27T23:59:59+00:00
- event_type: earnings
- sentiment: negative
- materiality_score: 0.85
- calibrated_materiality_score: 0.85
- confidence: high
- sec_items: 2.02, 7.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1981792/000162828024007196/0001628280-24-007196-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1981792/000162828024007196/hhh-20240227.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001628280-24-007196
- JSON: https://secwatch.observer/filing/0001628280-24-007196.json
- Plain text: https://secwatch.observer/filing/0001628280-24-007196.txt

## Key facts
- Earnings Releases
  Howard Hughes Holdings Inc. reported the fourth quarter ended December 31, 2023 results: net income $34.3 million, EPS $0.69 per diluted share.
  - Period: the fourth quarter ended December 31, 2023
  - Net income: $34.3 million
  - EPS: $0.69 per diluted share
  - Result: reported results
  source text: Net income was $34.3 million, or $0.69 per diluted share in the quarter
  evidence_url: https://www.sec.gov/Archives/edgar/data/1981792/000162828024007196/0001628280-24-007196-index.htm
- Earnings Releases
  Howard Hughes Holdings Inc. reported the year ended December 31, 2023 results: net income net loss of $551.8 million, EPS $(11.13) per diluted share.
  - Period: the year ended December 31, 2023
  - Net income: net loss of $551.8 million
  - EPS: $(11.13) per diluted share
  - Result: reported results
  source text: HHH reported a net loss of $551.8 million, or $(11.13) per diluted share in 2023
  evidence_url: https://www.sec.gov/Archives/edgar/data/1981792/000162828024007196/0001628280-24-007196-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.