Howard Hughes Holdings Inc. $(HHH)$ reported its first quarter 2025 financial results, showcasing a strong performance with net income from continuing operations amounting to $0.21 per diluted share, a significant turnaround from a loss of $(0.42) in the same period the previous year. The company achieved an Adjusted Operating Cash Flow of $63 million, or $1.27 per diluted share, reflecting robust operational momentum. The company also highlighted exceptional leasing activities in its Operating Assets segment, resulting in record quarterly net operating income (NOI) of $72 million. This success was partially driven by new leases in Downtown Summerlin, enhancing the retail destination's growth prospects. Furthermore, Howard Hughes Holdings anticipates a continued positive trajectory for the year, projecting Adjusted Operating Cash Flow to range between $325 million and $375 million, with a mid-point estimate of approximately $350 million or $7.00 per share.
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