secwatch.observer — SEC 8-K summary
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Issuer:     Howard Hughes Holdings Inc. (HHH)
CIK:        0001981792
Form:       8-K
Filed at:   2024-11-04T23:59:59+00:00
Accession:  0001628280-24-044983
Event type: earnings
Sentiment:  positive
Materiality: 0.85
Item codes: 2.02, 7.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

HHH Q3 net income $1.95/sh, record MPC EBT $144.8M; raises full-year guidance across segments
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- Net income from continuing ops $96.5M ($1.95 diluted EPS) vs $0.64 prior year; record MPC EBT $144.8M, up 71% YoY.
- Total Operating Assets NOI $64.8M (+8%); full-year guidance raised: MPC EBT mid-point $330M, NOI mid-point $257M.
- Completed spinoff of Seaport Entertainment on July 31; subsequent to quarter end, Victoria Place tower completed, 100% pre-sold, $760M condo revenue expected.
- MUD receivable sale generated $176.7M cash, used to pay down Bridgeland Notes; credit line expanded to $600M, maturity extended to 2029.
- Strong liquidity: $400.7M cash, $1.5B undrawn for development; positive outlook across all segments.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1981792/000162828024044983/0001628280-24-044983-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1981792/000162828024044983/hhh-20241104.htm
  HTML page:      https://secwatch.observer/filing/0001628280-24-044983

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