Five Point (FPH) Scheduled to Post Quarterly Earnings on Monday

Five Point (NYSE:FPH) will be issuing its quarterly earnings data after the market closes on Monday, August 13th. Analysts expect the company to announce earnings of ($0.01) per share for the quarter.

Five Point (NYSE:FPH) last announced its earnings results on Tuesday, May 15th. The company reported ($0.10) EPS for the quarter, missing the consensus estimate of ($0.05) by ($0.05). Five Point had a net margin of 122.14% and a negative return on equity of 1.59%. The business had revenue of $14.97 million for the quarter. On average, analysts expect Five Point to post $0 EPS for the current fiscal year and $0 EPS for the next fiscal year.

Shares of Five Point opened at $11.06 on Friday, MarketBeat.com reports. Five Point has a one year low of $10.25 and a one year high of $15.04. The stock has a market cap of $1.65 billion, a P/E ratio of -18.13 and a beta of -0.24.

FPH has been the topic of several research analyst reports. Citigroup lowered Five Point from a “buy” rating to a “neutral” rating and cut their target price for the company from $20.00 to $12.00 in a research report on Tuesday, June 19th. Royal Bank of Canada cut their target price on Five Point to $13.00 and set an “outperform” rating on the stock in a research report on Wednesday, June 27th. They noted that the move was a valuation call.

Five Point Company Profile

Five Point Holdings, LLC, through its subsidiary, Five Point Operating Company, LP, plans, develops, and owns mixed-use communities in California, the United States. It sells residential and commercial land sites to homebuilders, commercial developers, and commercial buyers. The company was formerly known as Newhall Holding Company, LLC and changed its name to Five Point Holdings, LLC in May 2016.

Read More: Market Capitalization and Individual Investors

Earnings History for Five Point (NYSE:FPH)

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