WASHINGTON (dpa-AFX) - Howard Hughes Corp. (HHC) revealed earnings for its third quarter that advanced from the same period last year.
The company's profit totaled $139.71 million, or $2.51 per share. This compares with $29.76 million, or $0.69 per share, in last year's third quarter.
Analysts had expected the company to earn -$0.52 per share, according to figures compiled by Thomson Reuters. Analysts' estimates typically exclude special items.
The company's revenue for the quarter fell 33.2% to $154.44 million from $231.17 million last year.
Howard Hughes Corp. earnings at a glance:
-Earnings (Q3): $139.71 Mln. vs. $29.76 Mln. last year. -EPS (Q3): $2.51 vs. $0.69 last year. -Analysts Estimate: -$0.52 -Revenue (Q3): $154.44 Mln vs. $231.17 Mln last year.
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