Howard Hughes (HHH) posted Q4 earnings late Thursday of $0.10 per diluted share, down from $3.25 a year earlier.

One analyst surveyed by FactSet expected $0.31.

Revenue for the three months ended Dec. 31 was $624.4 million, down from $983.6 million a year earlier.

Two analysts polled by FactSet expected $591.2 million.

For the full-year 2026, the company expects condominium sales revenue of $720 million to $750 million.