Yahoo Finance Five Point Holdings First Quarter 2024 Earnings: EPS: US$0.034 (vs US$0.066 loss in 1Q 2023)
Five Point Holdings (NYSE:FPH) First Quarter 2024 Results
Key Financial Results
Revenue: US$9.94m (up 74% from 1Q 2023).
Net income: US$2.33m (up from US$4.52m loss in 1Q 2023).
Profit margin: 23% (up from net loss in 1Q 2023). The move to profitability was primarily driven by higher revenue.
EPS: US$0.034 (up from US$0.066 loss in 1Q 2023).
All figures shown in the chart above are for the trailing 12 month (TTM) period
Five Point Holdings shares are down 5.8% from a week ago.
Balance Sheet Analysis
Just as investors must consider earnings, it is also important to take into account the strength of a company's balance sheet. We've done some analysis and you can see our take on Five Point Holdings' balance sheet.
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