02.05.2018 00:09:49

Howard Hughes Corp. Q1 adjusted earnings of $1.02 per share

(RTTNews) - Howard Hughes Corp. (HHC) announced earnings for first quarter that fell from the same period last year.

The company's profit came in at $1.47 million, or $0.03 per share. This compares with $5.66 million, or $0.13 per share, in last year's first quarter.

Excluding items, Howard Hughes Corp. reported adjusted earnings of $44.29 million or $1.02 per share for the period.

The company's revenue for the quarter fell 30.2% to $161.68 million from $231.76 million last year.

Howard Hughes Corp. earnings at a glance:

-Earnings (Q1): $44.29 Mln. vs. $71.04 Mln. last year. -EPS (Q1): $1.02 vs. $1.66 last year. -Revenue (Q1): $161.68 Mln vs. $231.76 Mln last year.

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