John Kim
Analyst, BMO Capital Markets
Replay available
Howard Hughes Holdings Inc. (NYSE: HHH) Q4 2025 earnings conference call, held 2026-02-20. Replay captured from the company's public earnings webcast.

Analyst, BMO Capital Markets
Chief Investment Officer
Individual Investor
VP, Corporate Strategy
Chief Executive Officer
Executive Chairman
Chief Financial Officer
Analyst, Piper Sandler
Watch the replay and follow the connected company analysis, news, and investor updates for Howard Hughes Holdings Inc..
WEBVTT 00:00:00.031 -- 00:00:03.355 Good day and thank you for standing by. Welcome to the Howard Hughes Holdings fourth 00:00:03.355 -- 00:00:08.140 quarter 2025 earnings call. At this time, all participants are on a listen-only mode. 00:00:08.140 -- 00:00:11.164 After the speaker's presentation, there will be a question and answer session. 00:00:11.164 -- 00:00:14.528 To ask a question during the session, you'll need to press star 1-1 on your telephone. 00:00:14.528 -- 00:00:17.351 You will then hear an automated message advising your hand is raised. 00:00:17.351 -- 00:00:20.074 To withdraw your question, please press star 1-1 again. 00:00:20.074 -- 00:00:22.617 Please be advised, today's conference is being recorded. 00:00:22.617 -- 00:00:25.841 I would like to hand the conference over to your speaker today, John Saxon, VP Corporate 00:00:25.841 -- 00:00:28.662 Strategy. Please go ahead. 00:00:29.208 -- 00:00:34.236 Good morning, and welcome to the Howard Hughes fourth quarter 2025 earnings call. 00:00:34.236 -- 00:00:40.086 With me today are Bill Ackman, Executive Chairman, David O'Reilly, Chief Executive Officer, 00:00:40.086 -- 00:00:45.775 Ryan Israel, Chief Investment Officer, and Carlos Olea, Chief Financial Officer. 00:00:45.775 -- 00:00:50.920 Before we begin, I would like to direct you to our website, www.howardhughes.com, 00:00:51.745 -- 00:00:55.811 where you can download both our fourth quarter earnings press release and our supplemental 00:00:55.811 -- 00:01:00.875 package. The earnings release and supplemental package include reconciliations of non-GAAP 00:01:00.875 -- 00:01:05.000 financial measures that will be discussed today in relation to their most directly comparable 00:01:05.000 -- 00:01:09.845 GAAP financial measures. Certain statements made...