Five Point Holdings, LLC (NYSE:FPH) is set to announce third quarter earning results on Tuesday 10th November 2020, after market close.
Analysts surveyed by Thomson Reuters are predicting, FPH to report 3Q20 loss of $ 0.03 per share.
For the full year, analysts anticipate top line of $ 73.39 million, while looking forward to loss of $ 0.03 per share bottom line.
Previous Quarter Performance
Five Point Holdings, LLC outlined income for the second quarter of $ 0.10 per share, from the revenue of $ 24.31 million. The consensus estimates are loss of $ 0.06 per share from $ 9.94 million in revenue. The bottom line results beat street analysts by $ 0.16 or 266.67 percent, at the same time, top line results outshined analysts by $ 14.37 million or 144.57 percent.
Stock Performance
Shares of Five Point Holdings, LLC traded up $ 0.28 or 6.19 percent on Monday, reaching $ 4.80 with volume of 226.10 thousand shares. Five Point Holdings, LLC has traded high as $ 4.94 and has cracked $ 4.73 on the downward trend
According to the previous trading day, closing price of $ 4.80, representing a 24.86 % increase from the 52 week low of $ 3.62 and a 51.45 % decrease over the 52 week high of $ 9.31.
The company has a market capital of $ 711.91 million and is part of the Real Estate sector and Real Estate – General industry.
Conference Call
Five Point Holdings, LLC will be hosting a conference call at 5:00 PM eastern time on 10th November 2020, to discuss its 3Q20 financial results with the investment community. A live webcast with presentations will be available on the Internet by visiting the Company website www.fivepoint.com
Five Point Holdings, LLC, through its subsidiary, Five Point Operating Company, LP, plans, develops, and owns mixed-use communities in California, the United States. The company operates through four segments: Newhall, San Francisco, Great Park, and Commercial. It sells residential and commercial land sites to homebuilders, commercial developers, and commercial buyers; operates properties; and provides development management services.
