---
schema_version: "secwatch.filing_event.v1"
accession: "0001628280-24-021655"
form_type: "8-K"
ticker: "HHH"
cik: "0001981792"
company_name: "Howard Hughes Holdings Inc."
filed_at: "2024-05-08T23:59:59+00:00"
generated_at: "2026-06-02T14:03:03.563352+00:00"
event_type: "earnings"
sentiment: "negative"
materiality_score: 0.65
calibrated_materiality_score: 0.65
confidence: "high"
source: SEC EDGAR
---

# Howard Hughes Q1 net loss $1.06 diluted; MPC EBT $24.3M; guidance reaffirmed

## Summary
- Net loss of $52.5M ($1.06 diluted) vs $22.7M loss ($0.46) a year ago, driven by lower land sales and spinoff G&A.
- Total Operating Assets NOI rose 7% to $63.5M; office NOI up 10% to $30.6M; multi-family NOI up 9% to $13.8M.
- MPC EBT fell 61% to $24.3M; full-year guidance midpoint of $300M unchanged; 654 new homes sold (up 24% sequentially).
- First 52 acres sold at Floreo for $758k/acre; Ritz-Carlton Residences pre-sold 56 units (~$250M revenue) in first week.
- Seaport spinoff on track for coming months; FY2024 guidance for condo sales $675-725M and cash G&A $80-90M.

## SEC filing metadata
- accession: 0001628280-24-021655
- form_type: 8-K
- ticker: HHH
- cik: 0001981792
- company_name: Howard Hughes Holdings Inc.
- filed_at: 2024-05-08T23:59:59+00:00
- event_type: earnings
- sentiment: negative
- materiality_score: 0.65
- calibrated_materiality_score: 0.65
- confidence: high
- sec_items: 2.02, 7.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1981792/000162828024021655/0001628280-24-021655-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1981792/000162828024021655/hhh-20240508.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001628280-24-021655
- JSON: https://secwatch.observer/filing/0001628280-24-021655.json
- Plain text: https://secwatch.observer/filing/0001628280-24-021655.txt

## Key facts
- Earnings Releases
  Howard Hughes Holdings Inc. reported first quarter ended March 31, 2024 results: net income loss of $52.5 million, or $(1.06) per diluted share, EPS $(1.06). Guidance reaffirmed.
  - Period: first quarter ended March 31, 2024
  - Net income: loss of $52.5 million, or $(1.06) per diluted share
  - EPS: $(1.06)
  - Guidance: reaffirmed
  - Result: reported results
  source text: Howard Hughes Holdings Inc. (NYSE: HHH) (the “Company,” “HHH,” or “we”) today announced operating results for the first quarter ended March 31, 2024.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1981792/000162828024021655/0001628280-24-021655-index.htm

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