secwatch.observer — SEC 8-K summary
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Issuer:     Howard Hughes Holdings Inc. (HHH)
CIK:        0001981792
Form:       8-K
Filed at:   2025-02-26T23:59:59+00:00
Accession:  0001628280-25-008123
Event type: earnings
Sentiment:  positive
Materiality: 0.90
Item codes: 2.02, 7.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

HHH reports record FY2024: EPS $5.73, MPC EBT $349M; 2025 AOCF guidance ~$350M
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- FY2024 net income from continuing ops $285.2M ($5.73/diluted), up 241% YoY; Q4 $162.3M ($3.25/diluted), up 207%.
- Record MPC EBT $349M, up 2% YoY; record Operating Assets NOI $257M, up 6%; record condo revenues $779M.
- FY2025 guidance: MPC EBT mid-point ~$375M (+5-10%); Operating Assets NOI ~$262M; Adjusted Operating Cash Flow $325-375M.
- Subsequent to year-end, Hawaii HCDA amendments allow additional 2.5-3.5M gross sq ft residential entitlements in Ward Village.
- Closed $862M in FY2024 financings; liquidity ~$900M including $596M cash; spinoff of Seaport Entertainment completed July 31, 2024.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1981792/000162828025008123/0001628280-25-008123-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1981792/000162828025008123/hhh-20250226.htm
  HTML page:      https://secwatch.observer/filing/0001628280-25-008123

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