secwatch.observer — SEC 8-K summary
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Issuer:     Howard Hughes Holdings Inc. (HHH)
CIK:        0001981792
Form:       8-K
Filed at:   2025-08-06T23:59:59+00:00
Accession:  0001981792-25-000009
Event type: earnings
Sentiment:  positive
Materiality: 0.85
Item codes: 2.02, 7.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Howard Hughes Q2 net loss $0.22/sh; Pershing Square invests $900M; raises 2025 guidance
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- Net loss from continuing ops $0.22/sh vs income $0.95 prior year; includes $0.66/sh GAAP loss on MUD sale.
- Pershing Square bought 9M new shares at $100 each for $900M, raising its ownership to 46.9% to fund acquisitions.
- Full-year 2025 Adjusted OCF guidance raised to $410M midpoint from $350M; MPC EBT guidance to $430M midpoint.
- MPC EBT Q2 $102M, down 17% YoY, but record average price per acre $1.35M, up 29% YoY.
- Total Operating Assets NOI $68.9M, up 5% YoY; full-year NOI guidance raised to $267M midpoint.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1981792/000198179225000009/0001981792-25-000009-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1981792/000198179225000009/hhh-20250806.htm
  HTML page:      https://secwatch.observer/filing/0001981792-25-000009

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer