09.11.2015 22:55:12
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Howard Hughes Corp. Q3 Profit Rises 242%
(RTTNews) - Howard Hughes Corp. (HHC) released earnings for its third quarter that rose compared to the same period last year.
The company said its bottom line advanced to $156.22 million, or $0.76 per share. This was up from $45.62 million, or $0.48 per share, in last year's third quarter.
Analysts had expected the company to earn $0.01 per share, according figures compiled by Thomson Reuters. Analysts' estimates typically exclude special items.
The company said revenue for the quarter rose 70.6% to $203.44 million. This was up from $119.23 million last year.
Howard Hughes Corp. earnings at a glance:
-Earnings (Q3): $156.22 Mln. vs. $45.62 Mln. last year. -Earnings Growth (Y-o-Y): 242.4% -EPS (Q3): $0.76 vs. $0.48 last year. -EPS Growth (Y-o-Y): 58.3% -Analysts Estimate: $0.01 -Revenue (Q3): $203.44 Mln vs. $119.23 Mln last year. -Revenue Change (Y-o-Y): 70.6%
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